ISDS Case Map
Korea
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).
More than 11,000 South Korean farmers rallied on Tuesday against a pending free-trade deal with the United States, saying the accord threatens their livelihoods.
President Bachelet reportedly asked her Korean counterpart to come to the negotiating table next March in Singapore, where countries including New Zealand, Singapore, Chile, Brunei, the United States, India, Peru and Australia are expected to start negotiations on a multilateral FTA. According to Korean Presidential spokesman Lee Dong-kwan, President Lee gave a positive response to the proposal.
Thailand is ready to sign the Asean-South Korea free trade agreement at the Asean Summit in Chiang Mai next month if the plan wins endorsement from Parliament today.
President Lee Myung-bak and Peruvian President Alan Garcia agreed yesterday to launch negotiations on a bilateral free trade agreement in the first half of next year.
Peru and South Korea will announce the start of negotiations on a free trade agreement (FTA) during South Korean President Lee Myung-bak's stay in Peru, Peruvian Foreign Minister Jose Antonio Garcia said Thursday.
President Lee Myung-bak called Tuesday for the launch of negotiations on a free trade agreement between South Korea and the Southern American Common Market, called MERCOSUR, involving Argentina, Paraguay, Uruguay and Brazil. In a separate interview with a Peruvian newspaper, Lee said he would declare the beginning of free trade negotiations with Peru.
