ISDS Case Map
Korea
The Korean National Assembly's agricultural and fisheries committee said Wednesday that the parliament should not ratify a free trade agreement (FTA) with the United States at this juncture.
South Korea and the European Union will hold a meeting in Vienna this week to resolve contentious issues such as auto trade and rules of origin in their free trade negotiations, Yonhap News reported Sunday quoting officials.
China Saturday called for an immediate opening of free trade talks with South Korea.
The European Union Chamber of Commerce in Korea proudly presented the Korea -EU Industrial Cooperation Day on December 10, and the third edition of the EU-Korea Awards, which honor not just European companies, but government authorities who have made a significant contribution to strengthening the relationship between the EU and Korea.
Korea wants to offset the expected slowdown in growth next year by expanding free trade pacts with Russia and South America's Mercosur members, a government official said yesterday.
Turkey and Korea have decided to initiate Free Trade Agreement between the two countries soon.
The Lee government seems to have come to realize, albeit belatedly, that its attempted push for early enforcement of the Korea-US Free Trade Agreement (KORUS FTA) was a non-starter from the beginning. The FTA was a top priority for President Lee Myung-bak, who believed it would help turn around the nation's declining economy.
Free-trade critics picked up more than two dozen House seats and at least six Senate seats in the Nov. 4 election, a shift that could further endanger proposed free-trade agreements with Colombia, Panama and South Korea.
South Korea and the European Union will resume their negotiations in Vienna Dec. 15 - 17 to finalize their free trade agreement talks, Yonhap News reported Saturday, quoting an unnamed government official.
South Korea's Trade Ministry said Wednesday that South Korea and Japan will launch working-level meeting next week to seek the resumption of negotiation over free trade agreement (FTA).
