The US government is accused of having double standards in its policies with Korea ― it is trying to further open the local beef market while delaying ratification of the free trade agreement (KORUS-FTA) the two signed.
Masahiko Yamada, Japan's new agriculture minister, has blogged about how the Australian free trade agreement would destroy Japanese agriculture. Australian farm industry leaders are in Tokyo trying to change his mind.
Foreign investors will be able to invest in mainland China via Taiwan under the protection of the economic cooperation framework agreement, well ahead of any deal with South Korea, the Taiwanese argue.
The Gulf Cooperation Council (GCC) and South Korea have taken big strides toward concluding free trade negotiations, although there are some remaining issues to be resolved, Yonhap News Agency reported the council's visiting secretary general as saying Monday.
Negotiations on a Korea-Peru free trade agreement (FTA) could be finalized by November, a development that would further enhance bilateral ties and precede a possible state visit by Peruvian President Alan Garcia, Peru's vice foreign minister said Wednesday.
Australia and South Korea opened a new round of trade talks today, including “sensitive” areas such as agriculture and the automotive industry, Australian Trade Minister Simon Crean said.
Trade ministers of South Korea, China and Japan are targeting to conclude an investment agreement among the three countries this year in order to promote tripartite economic and trade cooperation, Korea's Ministry of Foreign Affairs and Trade said Sunday.