ISDS Case Map
Korea
South Korea’s ambassador to China said in an interview published Thursday that his nation was likely to open free trade talks with Beijing next year. The negotiations could be a first step toward a three-nation trade zone including Japan, which would rival the European Union and the North American Free Trade Agreement in size.
Korea has suggested that major agricultural products and fisheries should be excluded from a free trade agreement with China but Beijing reportedly turned the proposal down.
More than 100 US lawmakers wrote to President Barack Obama Thursday demanding "major changes" to a landmark free trade agreement with South Korea, which they called a "job killing" pact.
South Korea is ready to consider "creative" solutions to open its market to more US beef and auto imports to help win US approval of a bilateral free trade agreement, South Korea's ambassador to the United States said on Wednesday.
In the next few months European Union governments will have to decide whether to ratify a free-trade agreement (FTA) with South Korea that is described by the EU’s external-trade directorate as “one of the most ambitious and complete deals” it has ever signed.
U.S. President Obama said Wednesday he will submit the pending free trade deals with South Korea, Panama and Colombia to Congress as soon as possible so their implementation could help create jobs and double U.S. exports within five years.
Trade will be top of the agenda when Prime Minister John Key meets with President Lee Myung-bak and Prime Minister Chung Un-chan in Korea later today.
US President Barack Obama is risking a revolt within his own party as he presses ahead on a free trade agreement with South Korea, setting the stage for a showdown after November legislative elections.
President Lee Myung-bak will hold a summit with Mexican President Felipe Calderon Thursday (local time) to discuss an early resumption of talks on signing a bilateral free trade agreement (FTA), Cheong Wa Dae said.
Kim Jong-hoon, the trade minister at the Ministry of Foreign Affairs and Trade, said yesterday that there would be no renegotiations or changes made to the original Korea-United States Free Trade Agreement.
