ISDS Case Map
Korea
Korea's trade deficit with a four-European nation economic block has surged by four-fold since the signing of a free trade agreement three years ago, with its imports growing at a much faster pace than exports.
Peruvian Foreign Minister Jose Garcia Belaunde said Tuesday his government hopes to conclude free trade agreement (FTA) talks with South Korea before November.
Another 12,500 products falling under free-trade agreements with five trading partners will be subject to zero tariff rates come January in the second phase of import-duty reduction.
Some of the country’s largest steelmakers have asked the government not to bring the commodity under the purview of the recently
signed free-trade agreements with Asean and Korea.
Asean and its six major trading partners yesterday reaffirmed their resolve to create the world's largest economic bloc through the "East Asia Free Trade Agreement" and "Comprehen-sive Economic Partnership in East Asia" within 15 years.
It may be an understatement to say the national Pork Producers Council is happy with the decision of Korea to inspect only a sample of US pork exports rather than 100% of them and to lift a ban on live hog imports from the United States.
India should be used as a beachhead for Korea in an effort to provide a deeper penetration for its goods going into Europe, Africa and the Middle East, the Samsung Economic Research Institute argues.
South Korea and India Friday signed a pact to scrap or reduce most trade tariffs over the next decade, giving Seoul a head start over its rivals in a market of 1.1 billion people.
Investments in India for Korean companies will become easier once the two trading partners ratify their bilateral free trade agreement, Seoul's Trade Ministry said yesterday.
Those expecting the US Congress to ratify the trade pact with South Korea any time soon are going to be badly disappointed. The trade pact is not even on the political radar screen at the moment and the Obama administration would like to keep it that way.
