Korea


Four trade deals on the horizon
International Trade Minister David Emerson says the successful completion of Canada's first free trade deal in six years will signal the country's re-emergence as a player on the global trade scene.
SK cattle prices fall in anticipation of US beef imports
The price of Korean cattle fell for the first time in eight years below that of bulls. The drop is largely attributable to concerns that the cattle market will likely be hard-hit by a recently signed free trade agreement (FTA) between South Korea and the United States.
U.S. officials meet with skepticism in Congress over South Korean free trade agreement
Senior U.S. diplomatic and trade officials told a congressional panel Wednesday that a free trade agreement with South Korea is important for U.S. interests in Asia.
A paradoxical free trade agreement
On April 1, the US and South Korea signed a free trade agreement (FTA), the most important such pact for both countries in a long time. At stake is a bilateral trade of $70bn, the alleviation of a US deficit of over $13bn, and a potential model for more open markets in other Asian countries.
Seoul aims to seal FTA with US by end of June
The South Korean government has yet to receive a formal US request for additional negotiations on a tentative bilateral free trade agreement (FTA) and will push to finalize the deal by the end of this month, the office of President Roh Moo-hyun said Wednesday.
US congressman demands elimination of N Korean products from Korea-US FTA
A US congressman on Monday demanded changes to a tentative free trade agreement (FTA) with South Korea that he argued could allow the Asian trading partner to export North Korea-made goods to the United States.
Auto unions to join metal workers in FTA strike
The labor unions of Hyundai Motor and sister company Kia Motors have invited public criticism by deciding to stage a "political" strike against the recently concluded Korea-US free trade agreement.
S Korean autoworkers threaten Hyundai, Kia with partial strikes to protest U.S. trade pact
Workers at South Korea's Hyundai Motor Co. and its affiliate Kia Motors Corp. will stage partial strikes this month to protest a proposed free trade agreement between South Korea and the U.S., labor unions at the two companies said Tuesday.
U.S. congressman demands elimination of N. Korean products from Korea-U.S. FTA
A U.S. congressman on Monday demanded changes to a tentative free trade agreement (FTA) with South Korea that he argued could allow the Asian trading partner to export North Korea-made goods to the United States.
S. Korean minister calls on EU firms to consider investment in Kaesong complex
South Korea's commerce minister on Monday called on European companies to consider investing in an inter-Korean industrial complex in North Korea.