Korea


Feb. deadline looms for Korea-US FTA
It was in late June last year that the much-touted Korea-US free trade agreement was signed between the two countries. More than six months later official ratification of the deal has yet to be made by either US Congress or the Korean National Assembly. Korean business organizations say if the stamp of approval is not given by February's end, the hard-won trade deal could go down the drain.
Korea mulls FTA with Southern African countries
Korea is considering a free trade pact with the the Southern African Customs Union (SACU) to expand cooperative ties with resource-rich countries
Thailand: Agreement in trade talks with Korea
Thailand has concluded free trade talks with South Korea under the Asean-Korea free trade agreement (AKFTA) after almost a year of negotiations. Under the deal, Thailand will be given more flexibility in cutting and/or waiving its tariffs compared to other Asean nations.
Lawmakers to clash over US FTA
Korea's parliamentary "yes-or-no without amendment" vote on the Korea-US FTA motion may not be carried out before Roh's term expires on Feb. 25.
FTA talks with Japan to resume
Korea's stalled and deadlocked free trade talks with Japan might see a breakthrough under the economic stewardship of President-elect, and former Hyundai CEO, Lee Myung-bak.
Seoul, New Delhi to resume trade talks in April
South Korea is holding back on farm products
India should seek mkt for services in trade with Korea: FICCI
India must seek greater market access for professionals and service-providers in Korea when officials from the two sides meet here for negotiating the proposed bilateral trade pact, industry body FICCI said.
Courting investors, South Korea seeks to move out of Japan's shadow
South Korea's electronics industry is seeking to reduce its dependence on rival and chief supplier Japan while diversifying beyond its chip-manufacturing base to develop fresh intellectual property and new product categories.
S. Korea, Mexico at odds over agricultural safeguards in FTA talks
South Korea and Mexico were at odds over safeguards for farm goods at their first free trade agreement talks, the Ministry of Agriculture and Forestry said Monday.
S Korea seeking free trade with South America's Mercosur: commerce minister
South Korea is seeking a free trade pact with Mercosur to pave the way for Korean firms to increase investment and exports to Brazil and the other member states, South Korea's commerce minister said Saturday.