ISDS Case Map
Korea
Seoul Mayor Park Won-soon has submitted an official opinion that the city opposes the Korea-US free trade agreement on Monday.
Korean prosecutors said Monday they will resort to arrests and physical detention in dealing with protesters against the country's long-stalled free trade agreement with the US.
The main opposition Democratic Party stepped up its public campaign against the Korea-U.S. Free Trade Agreement over the weekend, as the ruling Grand National Party mulled pushing a final vote at a plenary session Wednesday.
Confrontation at South Korea's parliament over a free trade deal with the United States showed no sign of easing Friday, as some opposition lawmakers took to the streets while others continued sit-ins.
The South Korean government describes the investor-state dispute system (ISD), introduced by the country for 81 bilateral investment treaties (BITs) formed since 1967, as a means of protecting offshore investments by South Koreans. But South Korea has never once sued another country, nor has the government been sued by a foreign investor. The reason was that none of those treaties was with the United States.
President Lee Myung-bak’s recent visit to the United States set a new political record. Prior to the South Korea-U.S. summit meeting, U.S. Congress passed the implementation bill for the South Korea-U.S. Free Trade Agreement (KORUS FTA) with unprecedented speed. But does President Lee know that the KORUS FTA has no force in the United States whatsoever?
The ruling Grand National Party (GNP) ratcheted up the pressure on the opposition Friday, hinting at the possibility that it will exercise authority to raise the ratification motion for the South Korea-U.S. Free Trade Agreement (KORUS FTA).
South Korean authorities have detained at least 15 people after police clashed with protesters demonstrating against the country’s free-trade agreement with the US.
Taiwan’s private sector needs to pull its weight if government policies aimed at offsetting the impact of the U.S.-South Korea free trade agreement are to succeed, Economic Affairs Minister Shih Yen-shiang said.
The floor leader of the ruling Grand National Party (GNP) Wednesday opposed using the Assembly speaker's authority to pass the long-pending free trade deal with the United States on the floor, saying a unilateral passage would cause distrust in party politics.
