A free-trade deal Ottawa is negotiating with South Korea could cost Canada up to 33,000 jobs -- including 4,000 in the auto industry -- this country's largest private sector union warned yesterday.
Regarding the proposed South Korea-US free trade agreement (FTA), the true "stance" of the nation's two main political parties seems to be, "if it succeeds, we are for it. If it fails, we are against it".
Politicians tend to be very backward looking people. They are usually the
last to notice important trends and to recognize the ways in which the world
is changing. Perhaps this is why many politicians in South Korea place such
a high priority on a new trade agreement with the United States.
The US is likely to push for the exclusion of its automobile industry from the ongoing negotiations on a proposed free trade agreement (FTA) with South Korea, trade sources said.
The Korean Confederation of Trade Unions may stage an indefinite strike beginning Nov. 15 in protest over new labor reform bills and free trade agreement talks with the United States.
This study examines the employment impacts of Canada's existing bilateral trade relationships with East Asia, and the likely employment effects of the proposed Canada-Korea Free Trade Agreement (CKFTA).
Canada probably wouldn't benefit from a free trade agreement it's negotiating with South Korea as part of a strategy to increase business with Asia, according to two studies posted on the Canadian trade ministry's Web site.
The southern island of Jeju and its provincial council have urged the South Korean government to change the venue of the fourth South Korea-U.S. free trade agreement (FTA) negotiations. The fourth round is scheduled to take place in the Jeju Island city of Seoguipo from October 23 to 27.