Trade Minister David Emerson says he's speeding ahead with free-trade talks with South Korea despite objections from the auto sector, and expects to sign a deal this year.
During Korea-Canada free trade agreement (FTA) negotiations, set to resume in their 10th round on April 23, Canada is reportedly going to bring to the table proposals on sensitive issues, such as its access to the South Korean beef market. The same issue brought controversy to the FTA between South Korea and the U.S., a deal agreed upon on April 2.
European Union exports would rise by 40 billion euros ($54.3 billion) a year if the bloc reaches planned new free trade agreements (FTAs) with countries in Asia, the European Commission said.
The European Commission has welcomed the formal adoption by European Member
States of negotiating mandates for a new generation of Free Trade Agreements with
India, South Korea and ASEAN.
Sunny prospects for the state's citrus industry are among many good reasons for Florida's members of Congress to get behind a proposed free-trade agreement between the United States and South Korea.
The prosecution has launched an investigation into the leaking of confidential government documents on negotiation strategies for free trade talks with the United States, prosecution officials said Saturday.
Wary North American automakers and their unions are warning the Canadian government not to be tempted by a recently concluded South Korea-US free trade pact into a similar deal.