ISDS Case Map
Korea
The government will set aside a total of 22.1 trillion won (US$20.5 billion) to help local farmers and fishing households who could get hurt by cheaper foreign products.
The Korean Conferederation of Trade Unions has great concerns about the bilateral and regional FTAs which are currently expanding in number across the world.
Korea and China are considering starting negotiations for a free trade agreement (FTA), Korean Trade Minister Kim Jong-hoon said.
Major South Korean law firms are actively pursuing expansion overseas as counterparts from the European Union seek to set up practices in Korea, legal sources told mergermarket.
An aggressive lobbying and PR campaign aimed at defeating the proposed US free trade agreement with Korea, and costing hundreds of thousands of dollars, has amounted to nothing.
Turkey hopes to strike a free trade deal on goods with South Korea by year-end in an effort to boost bilateral trade, the visiting Turkish economy minister said Friday.
Although a dreary outlook for the U.S. economy coupled with a rating cut has triggered mayhem throughout the world’s stock markets this week, it may serve as a catalyst for free trade agreements, experts said Wednesday.
US Senate leaders have reached a potential bipartisan compromise on three long-delayed free-trade agreements with Colombia, Panama, and South Korea.
South Korea logged a trade deficit with the European Union last month as imports spiked from the region after both implemented a free trade deal, customs data showed Monday.
As Congress draws nearer to considering three new free trade agreements, union members are putting pressure on their congressional representatives to oppose them, arguing that they’d cost the state more manufacturing jobs, even as corporate supporters see new hope for quick passage.
