A free trade pact with the United States is expected to cause South Korean agricultural output to fall by 1-2 trillion won (US$1.03-$2.07 billion), a report by a state-run think tank said Friday.
The “Special committee for the Korea-US FTA in the national assembly” kicked off yesterday with an opening session to deal with the Korea-US FTA issues at the lawmaker level.
Korea's big-business lobby is urging a free-trade agreement with the European Union. The Federation of Korean Industries reports the Korean and the European economies are complementary, hence there will be few hurdles to sealing a pact.
Thailand's anti-FTA movements have formed an alliance with counterparts in other countries including South Korea, Costa Rica and Colombia against US efforts to strike bilateral trade agreements across the globe.
Hello, my young friends! I want to share with you a strange math equation that I found. It attempts to tell you what the sum is after such and such numbers are added up. Or, it tries to tell you the average of all these numbers combined. For example, it tells what GDP is, what the whole trade volume is, what per capita income is. Confusing? Well, I am not so good at numbers, so I also didn't let the equation bother me very much, either. It was perhaps because I wasn't that much interested in economics, after all.
This examines macro-economic issues, intellectual property and patent protections, the potential impact on pharmaceuticals, and other issues at stake in the U.S.-Korea FTA.
Participants in the growing movement inside South Korea who are opposed to the proposed U.S.-South Korea Free Trade Agreement held demonstrations in Washington, D.C. during the first week of June while negotiations were being conducted.
South Korea has three major demands in its free trade agreement (FTA) talks with the United States since June when the first round of bilateral meeting began.
The much-touted benefits of a free trade agreement with the United States will be confined to commercial enterprises, while other sectors of the Korean economy, particularly the banking industry, will take a battering, a think thank warned yesterday.