ISDS Case Map
Korea
South Korea and the European Union have agreed to hold preliminary talks that could lead to the establishment of a free trade agreement (FTA).
A free trade agreement between Korea and the US is expected to bring substantial challenges as well as opportunities for the Korean economy. The manufacturing industry led by textiles, cars and electronics will see exports increase, but agricultural, fisheries and the service industry will at the very least have undertake structural reforms to survive.
A free trade pact with the United States would deal a hard blow to South Korea's agricultural sector and cause estimated losses of up to 8.8 trillion won (US$9.39 billion), a Korea University report showed Wednesday.
South Korea signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations on Tuesday but founding member Thailand was left out due to internal disagreements and objections to Seoul's barriers on farm products.
Thailand will not be included in a free trade agreement to be signed between the Association of Southeast Asian Nations (ASEAN)and South Korea this week, the Philippine trade secretary said Monday.
Reducing or scrapping the 40 percent tariff on beef imports will be on the agenda at FTA negotiations with the US scheduled to start on June 5, the Ministry of Foreign Affairs and Trade said Monday, under first drafts Korea and the US have completed.
I read an article by Woo Seok-gyun, an official from the Korea Federation of Medical Groups for Health Rights (KFHR), regarding the Korea-U.S. Free Trade Agreement (FTA) negotiation on medical care and education. Mr. Woo described the upcoming negotiation as a 'game of truth' by the government.
A group of South Korean movie workers left for France Monday to protest at the Cannes film festival against South Korea's plan to sign a free trade pact with the United States, representatives of the group said.
A free trade agreement with the United States has sparked a heated debate in Korea. The two major labor unions and the nation's largest environmental group have jointly launched a nationwide campaign against a Korea-US FTA. There are also plenty of pro-FTA supporters.
Korea and the US officially announced the start of negotiations for a Free Trade Agreement (FTA) three months ago. The two sides are set to begin negotiations this June after gathering opinions from various fields of society.
