ISDS Case Map
Korea
South Korea's President Lee Myung-bak Lee will announce the start of formal negotiations towards a free trade agreement with Australia in Canberra on Thursday.
South Korean President Lee Myung-bak put on an impressive show in Auckland yesterday as he talked tough about the necessity for world leaders not to fall prey to anti-protectionist forces.
The National Assembly passed a bill yesterday allowing law firms from the United States and countries that have free trade agreements with South Korea to set up local branches to provide legal consulting services.
President Barack Obama plans to ask Congress to approve a long-delayed free-trade agreement with Panama and work to resolve remaining issues with the South Korea and Colombia accords so they can be ratified.
South Korea and the European Union (EU) will hold a high-level meeting in Brussels this week to settle controversial issues such as auto trade and rules of origin in their free trade negotiations
The judiciary subcommittee of South Korea's parliament Wednesday endorsed a government bill to ratify a free trade pact with the United States. The bill still requires approval by the subcommittees for foreign affairs, trade and unification, before it is submitted to a plenary session of the National Assembly for ratification.
More than a year and a half since Korea and the United States signed a free trade agreement, the deal is still pending. Now attention is focusing on whether the two countries' legislatures can approve the agreement to mark the one-year anniversary of Korea's Lee Myung-bak administration and the launch of the new Barack Obama administration in the US.
The Scotch Whisky Association will this week call on the European Union to step up the pressure on South Korea to lower its punitive 20% import tariffs in a groundbreaking free trade agreement that will help unlock the fifth largest whisky market in the world.
South Korea's chief free trade negotiator said free trade is essential to break through the current economic slump, South Korea's Korea Herald said Friday.
South Korea and the European Union (EU) agreed to delay their upcoming free trade talks by two to three weeks, South Korean Trade Minister Kim Jong-hoon said Wednesday.
