Korea


Preventing a KORUS FTA train wreck
The train for the South Korea-U.S. Free Trade Agreement (KORUS FTA) has not yet left the station. We are the passengers on board, not the tearful ones waving handkerchiefs and seeing them off. We should never have boarded this train to begin with, but now that we have stumbled aboard, we must now do all we can to ensure the train does not derail, and get off before we reach the cliff.
Occupy, South Korean activists protest trade deal
Occupy Wall Street protesters joined with a group of South Korean activists on Tuesday to rally against the so-called free trade deal between Seoul and the United States. The demonstrators rallied outside the South Korean mission in New York.
Ruling government scrambles to contain voter backlash
Korea's ruling GNP’s surprise railroading of the ratification of the US FTA on Tuesday stands a strong chance of having an unfavorable impact on the administration due to its “procedural violence.”
FTA to boost auto industry, hurt drug makers, farmers
The income levels of Korean farmers could be shaved, with the livestock industry in particular taking a severe beating following the implementation of the FTA.
Business groups welcome FTA passage as historic watershed
Business organizations on Tuesday hailed the parliamentary ratification of the Korea-U.S. free trade agreement as a major turning point in Korea’s economy and history of trade.
Opposition parties boycott Assembly sessions in protest of FTA passage
The main opposition Democratic Party (DP) vowed Wednesday to boycott all parliamentary sessions in protest of the ruling party's unilateral passage of the disputed free trade agreement with the U.S.
Massive anti-FTA protests looming
Labor unions, farmers’ groups and progressive civic groups are threatening to stage large-scale protest rallies against the ruling Grand National Party for railroading a free trade agreement (FTA) with the U.S. through the National Assembly.
Korea's National Assembly Ratifies KORUS FTA
Korean lawmakers ratified the long-pending Korea-United States free trade agreement Tuesday afternoon, about 50 days after the US Congress approved the deal.
As confrontation looms, GNP calls for ISD clarification from DP
The ruling Grand National Party (GNP) placed pressure on the Democratic Party on Monday to state how it would respond if a written agreement for investor-state dispute (ISD) provision renegotiations for the South Korea-U.S. Free Trade Agreement (KORUS FTA) were received from the South Korean and U.S. trade officials.
Presidential office welcomes parliamentary approval of U.S. FTA
South Korea's presidential office welcomed the parliamentary approval of the free trade agreement with the United States, saying the government will continue to come up with support measures for farmers and others.