Korea


A gov’t that’s often lost in translation
The embarrassing translation errors in Korea’s free trade agreements have revealed the government’s weakness in translation skills and a startling overconfidence in its civil servants’ foreign language abilities.
Trade groups urge FTA among S. Korea, China, Japan
Major trade organizations of South Korea, China and Japan urged their governments Friday to quickly sign a three-way free trade agreement (FTA) to strengthen their economic cooperation.
Korea Trade’s Cho Says Petrochemical Firms to Benefit From FTA
Cho Seong Dae, chief researcher at the FTA & Industry Research Office Institute for International Trade, part of the Korea International Trade Association, comments on the impact of a free-trade agreement with the European Union on South Korean petrochemical companies.
DP calls for renegotiation of free trade pact with US
Leaders of Korea's main opposition party Tuesday urged the government to renegotiate the free trade agreement with the United States before seeking parliamentary approval.
Agriculture, the big trade off for the Korea-Mexico FTA
Mexico, like Korea, is a country heavily dependent on exports to sustain its economic growth, but the two countries are currently not seeing eye-to-eye over a possible trade deal.
US Senate Finance Committee members agree on ratification of KOR-US FTA by summer
The US Senate Finance Committee held a hearing on the Korea-US Free Trade Agreement on Thursday, and the members agreed on the need to ratify the trade pact before August this year.
Tariff cuts on Chinese, Korean vehicles pushed
Vehicle importers are urging the government to implement the scheduled tariff cuts under the Asean free trade agreements (FTAs) with China and Korea.
Potential FTA impacts studied
The Ministry of Economic Affairs yesterday said it was looking into Taiwanese industries that could suffer a potential blow after a South Korea-EU free-trade agreement (FTA) takes effect on July 1.
Seoul urged to sign additional FTAs to keep trade growing
South Korea needs to sign additional free trade agreements (FTAs) quickly with as many countries as possible to keep its trade growing, a report said Tuesday.
Japan, China, South Korea Eye Trade Pact
The leaders of Japan, China and South Korea pledged Sunday to speed up laying the ground work for a possible three-way free trade pact, in a step to revitalize discussions in light of the economic damage from the massive earthquake and tsunami that struck Japan on March 11.