ISDS Case Map
Korea
South Korea’s Trade Minister Kim Jong-hoon and his Peruvian counterpart Eduardo Ferreyros Monday inked the free trade agreement in Seoul after five rounds of negotiations over a two-year period.
South Korea’s inability to feed itself should not only be seen as a result of its economic development strategy, prioritization of the urban population and industrial development over agriculture, but also in the long term ties and dependency to the US, its largest trading partner.
Jim Lim, the newly appointed chairman of the Australian Chamber of Commerce in Korea, or AustChamKorea, expects the free trade agreement between Korea and Australia to be signed in the first half of this year.
Korea`s free trade agreements with the US and the European Union, which Seoul hopes to ratify by this year`s first half, face unexpected obstacles to parliamentary ratification.
It is Canada's forgotten trade deal.
Free trade negotiations with South Korea began in 2004. And nearly seven years later, there's still no pact.
Why?
Republican senators Monday pressed President Obama to send Congress the pending free trade deals with South Korea, Panama and Colombia at the same time, threatening to block his nominations for commerce secretary and other officials otherwise.
Policy institutes for four of the opposition parties made plans to develop concerted measures by progressive and reformist forces on the South Korea-United States Free Trade Agreement (KORUS FTA). T
U.S. Agriculture Secretary Tom Vilsack Tuesday called for early ratification of the pending free trade deal with South Korea, expressing hope that the deal will greatly increase shipments of U.S. agricultural products to South Korea.
In advance of a Senate Finance Committee hearing on Wednesday, March 9, with U.S. Trade Representative Ron Kirk, the American Soybean Assn. (ASA), along with other representatives of the U.S. food and agriculture industry, reiterated support for swift passage of the pending U.S. trade agreements with Korea, Colombia and Panama.
Discrepancies between the Korean and English versions cause uproar
