ISDS Case Map
Korea
South Korean President Lee Myung-bak told his Chinese counterpart Hu Jintao that Seoul will soon begin domestic procedures for the start of formal negotiations with Beijing on forging a bilateral free trade agreement, a presidential official said Monday.
Under the Korea-US Free Trade Agreement (KORUS FTA), Korean civil servants would be excluded from the Health Insurance Review and Assessment Service (HIRA)’s process of price determination. Instead independent review procedures could be used to set prices for medicines and medical supplies. This has caused concern among health care groups who worry that multinational pharmaceutical companies could use the independent review procedure to change the Korean government’s medicine prices.
After the deadlocks on the Asean-European Union and Malaysia-United States free trade agreements, Malaysia switched its earlier stance.
The experiences of former judge Abner Mikva, an arbitrator in a NAFTA dispute, demonstrate how he was pressured to favor the interests of the American establishment
South Korea will expand its support for the fishery and agricultural sectors to ease their losses from a massive influx of outside products under free trade agreements (FTAs), the finance ministry said Monday.
The Israeli government has announced that South Korea and Israel will begin free trade talks with the goal to sign a trade pact by April.
South Korean lawmakers on Tuesday adopted a resolution urging the country's government to renegotiate portions of the recently ratified free trade agreement with the United States.
There are at least three major inconsistencies between KORUS and U.S. copyright legislation, reports Sean Flynn
Japan, China and South Korea on Friday concluded a joint study on the possibility of signing a trilateral free trade accord, laying the groundwork for launching official negotiations as early as next summer.
The ITUC, supported by its Korean and US affiliates, has warned that the new “KORUS” free trade agreement between the two countries will cost hundreds of thousands of jobs. The agreement was rushed through the Korean parliament in a hastily-convened session designed to catch opposition parties off-guard and minimise the possibility for public reaction.
