ISDS Case Map
Korea
During the third round of FTA negotiations between Korea and the US that started on September 6, the US required that trade related laws including fair trade laws should be strictly applied to the Korean companies including large conglomerates (known as Chae-bol) and this be clearly stated in an FTA agreement.
The United States was confirmed to have asked South Korea to include regulations on conglomerates in their bilateral free trade agreement (FTA).
The US wants Korea to open 11 service sectors including broadcasting and telecommunications, home delivery, legal and accounting services. In a third round of bilateral free-trade negotiations, the service sector is tipped to be the main stumbling block since Seoul has a mind to give in to few US demands except letting some US law firms operate here and some others.
Mention "Seattle" and "trade talks" in the same sentence and you'll send a chill through residents who remember December 1999, when destructive riots broke out during the World Trade Organization meeting.
South Korea and the United States will launch the third round of free trade negotiations in Seattle beginning September 6. Unlike the first and second rounds, both are expected to draw up detailed measures on market opening.
The US and South Korea begin a third round of free-trade talks on Wednesday, hoping to make progress toward an accord that could be the biggest of its kind for the US since the North American Free Trade Agreement of 1993.
Korean Alliance against the KorUS FTA (KoA) published a brief on the KorUS FTA. It offers a real understanding of the KorUS FTA.
This essay mainly will identify what is problematic in the negotiation process, its structural import and a negative legacy to be left us from now onwards.
American opponents of a proposed South Korean-US free trade accord on Monday accused the deal of devastating the lives of workers in both countries, while benefiting only big businesses.
South Korea insisted Monday its rice market should be exempt from a proposed free trade agreement with the United States, inviting a showdown on one of the most sensitive areas of talks between the economic powerhouses.
