ISDS Case Map
Korea
Teamsters General President Jim Hoffa, in a break from the Obama administration and the United Auto Workers union, opposes the Korea free trade agreement. "The last thing America’s middle class needs right now is ’Son of NAFTA,’ " Hoffa said.
EU companies that may benefit include pharmaceutical producers GlaxoSmithKline Plc, chemical makers BASF SE, and consumer electronics manufacturers Royal Philips Electronics NV. Farm exporters, shipping businesses and the financial- and legal-services industries also stand to gain.
Europe gave its final approval on Thursday to a major free trade deal with South Korea, eliminating most tariffs in a pact hailed as a model for future agreements with other Asian nations.
Competition between South Korean and Japanese businesses in India will likely intensify following New Delhi's signing of a free trade agreement with Tokyo this week, a local trade body said Friday.
The Obama administration's effort to convince Congress to pass a NAFTA-style trade pact with South Korea on foreign relations and national security grounds took a beating last month when a large delegation of Korean opponents of the pact came to Washington.
Large Korean conglomerates such as Samsung and Hyundai are getting ready to enter Peru in view of the upcoming entry into force of the Free Trade Agreement scheduled for April
MEPs are expected to give green light for ratification on Thursday (17 February) of the most ambitious free trade accord the EU so far negotiated.
The International Trade Commission even predicts that the US service sector will be a net loser as a result of the US-Korea pact.
"The GNP will never railroad the KORUS FTA through parliament," Grand National Party floor leader Kim Moo-sung said
Colombian and South Korean representatives meet Monday in Los Angeles for the third mini-round of negotiations to finalize details of a bilateral free trade agreement (FTA).
