Korea


Korea, Peru sign free trade pact
South Korea and Peru signed a bilateral free trade agreement (FTA), Monday, which is expected to be implemented midway through next year after being approved by the parliaments of both countries.
FTA talks jolted by US demand on beef imports
Korea and the US were expected to announce Thursday a compromise on contentious issues in their free trade agreement, but an unexpected twist appeared in the negotiations.
US beef exporters urge speed, not changes, in South Korean trade accord
American beef exporters are pushing the Obama administration and Congress to approve a pending trade agreement with South Korea without delay rather than hold out for concessions on their behalf.
S. Korea reaffirms beef issue not on table in FTA talks
South Korea will risk indefinitely delaying the conclusion of a free trade agreement with the United States if Washington insists on an "unacceptable" demand that Seoul opens its market wider to US beef, a senior government official said Wednesday.
Chrysler joins Ford against Korean pact
Chrysler today voiced its opposition – along with Ford – to passage of a free trade agreement between the US and Korea as written in 2007.
Opposition DP opposes ratification of FTA with US
Korea's main opposition Democratic Party voiced strong opposition Tuesday to the government’s move to revise the text of a free trade agreement signed between Korea and the United States in 2007 to ease environmental standards for American-made automobiles.
S Korea, US to hold further talks to resolve pending FTA issues
Top trade officials from South Korea and the United States will hold further talks on Wednesday as the countries are struggling to resolve outstanding issues that have stalled the ratification of their free trade agreement signed more than three years ago, a Seoul trade official said.
Thousands protest in Seoul before G20 summit
Tens of thousands of people took to the streets of Seoul on Sunday in a largely peaceful protest against this week's G20 summit as the city went on heightened alert for the meeting of world leaders.
Washington to push Seoul on bilateral deal
This week’s talks are likely to try to come up with a side letter about the car market rather than attempt to re­open fundamentally the draft deal, a course of action to which Seoul is vehemently opposed.
Ford slams South Korea trade deal as Obama officials renew talks in Seoul
Ford, the US car company, has launched an aggressive advertising campaign against the South Korea free trade agreement, which it argues would lock in unfair trade between the countries.