Korea


EU free trade pact sparks debate on KORUS FTA
From Friday, Koreans will be able to purchase products made in 27 European Union member states at cheaper prices than before, as the free trade pact between the two takes effect.
New AMCHAM chief rosy about Korea-U.S. FTA ratification
The new head of the U.S. business community in South Korea said Wednesday that he is "optimistic" about the early ratification of a bilateral free trade deal and is doing his best to achieve it.
Opposition party's blockade of FTA
Korea's ruling Grand National Party, the main opposition Democratic Party, and the administration held their first consultation meeting on the proposed ratification of the Korea-U.S. free trade agreement. At the meeting, Democratic Party Rep. Kim Dong-cheol said the Lee Myung-bak administration’s renegotiation on automobiles hurt the balance of interests between the two countries, suggesting that his party will oppose ratification.
Administration wants to send trade pacts to Congress before recess
The Obama administration hopes to send all three pending free trade agreements — Colombia, Panama, and Korea — to Congress before the August recess.
EU sees S. Korea trade pact as model for Asia
The European Union sees its sweeping free trade agreement with South Korea as a model for planned pacts elsewhere in Asia, the EU's chief negotiator on the deal said Monday.
Wisconsin Farmers Union opposes free trade pact with Korea
Legislative leaders should be protecting and promoting American jobs, family farms and our rural communities through sound economic, environmental and labor policies. This trade agreement doesn't adequately promotes these values
Government seeks to lower impact of S Korea-EU FTA
The government is seeking to reduce the potential impact of a South Korea-EU free-trade agreement (FTA) on local industries by boosting product differentiation and market expansion, Minister of Economic Affairs Shih Yen-shiang (施顏祥) said yesterday.
Machinists union launches fair trade campaign on Facebook
Countering GOP demands for the passage of three seriously-flawed trade deals with South Korea, Colombia and Panama, the International Association of Machinists & Aerospace Workers (IAM) today launched a targeted, informational ad campaign on Facebook.
Cargill hosts Rep of Korea Ambassador to the US, the Honorable Han Duk-soo: Urges approval of US-South Korea FTA
Cargill today hosted an employee forum and a business roundtable discussion on the US–South Korea Free Trade Agreement (KORUS FTA), which is currently pending Presidential notification to and approval from U.S. Congress.
Lawmakers to visit U.S. to promote Korea FTA
Leading members of the parliamentary foreign affairs committee are to have one-on-one meetings with U.S. Congressional counterparts to boost prospects for the Korea-U.S. free trade agreement’s ratification, officials said Monday.