Korea


President, PM deny FTA will cause economic polarization
A controversy is growing as the government continues to deny claims from opposition lawmakers that economic polarization will worsen in the wake of a South Korea-U.S. free trade agreement (FTA).
South Korea-ASEAN free trade agreement - minus Thailand - to take effect June 1
South Korea said Monday that a free trade agreement covering goods with nine of the ten members of Association of Southeast Asian Nations will take effect on June 1.
FTAs will impact Taiwan's industry
It would be difficult to overstate the likely impact on Taiwan of last week's free-trade agreement (FTA) between South Korea and the US, because South Korea and Taiwan produce many similar products and are rivals in key industrial sectors.
Rural Catholic diocese criticizes Korea-US Free Trade Agreement
Catholics in a rural South Korean diocese have protested their government's "unpardonable" free trade agreement (FTA) with the United States, warning that an influx of US imports would destroy local farming communities.
Lawmaker raises FTA suspicions
A lawmaker of the pro-government Uri Party Monday raised various suspicions over the landmark free trade agreement (FTA) deal struck between South Korea and the United States on April 2.
Roh needs to talk to those opposed to FTA
President Roh Moo-hyun's popularity has shot up recently. From surveys done by Korean media from The Hankyoreh to the Chosun Ilbo, every poll says his approval rating has surpassed 30 percent. It is not easy for a president to have his approval rise towards the end of his term, so the cause for all of this can be attributed to the recently inked FTA with the United States.
Should Korea rush into free-trade talks with China?
Korea and China are moving swiftly toward negotiations on a bilateral free trade agreement. China's courtship of Korea has intensified since Seoul clinched an FTA with the US last Monday, with Chinese Prime Minister Wen Jiabao expressing hope last Thursday that an FTA between Beijing and Seoul can be concluded as soon possible".
Iran, S.Korea to pursue joint trade
Iran and South Korea have signed an agreement to create an exploratory committee aimed at boosting trade and investment between both countries.
Korean beef market to get tougher
The US-Korea Free Trade Agreement will allow the US greater access to one of Australian beef's premier export markets.
US-Korea agreement shows Australia is losing out in bilateral deals
The international trade tide is turning in a dangerous direction for Australia. The new deal carved out by the US and South Korea last week, just minutes before President George Bush's trade negotiating powers expired, is a massive one.