ISDS Case Map
Korea
Under the deal, South Korea designated 200 agricultural products that will be exempt from tariff reductions due to their effect on local farmers
Opening up trade in autos poses a major challenge in free-trade agreement (FTA) negotiations with South Korea and Malaysia, experts in the United States say.
ASEAN's free trade agreement (FTA) with South Korea would recognize products made in the Kaesong Industrial Complex, the inter-Korean project, as South Korean products. This is in stark contrast to the politically sensitive nature of Kaesong in concurrent negotiations for an FTA with the United States.
South Korea's chief negotiator to free trade talks with the United States said Thursday that Seoul will try to exclude "super-sensitive products" from the deal, an apparent appeasement to farmers vehemently opposed to the pact.
Member countries of the Association of Southeast Asian Nations expect to conclude a free trade agreement with South Korea in a meeting to be held in the Philippines next month, the Department of Trade and Industry said.
A free trade pact between South Korea, China and Japan could damage South Korea's fisheries industry, a report said Wednesday.
The road to US duy-free access could be longer than expected for a series of emerging countries. While Pakistan was recently refused that textiles and apparel benefit from preferential treatment, chances of duty-free access for Bangladesh, Sri Lanka or Cambodia are progressively fading.
Opinions were sharply divided at the National Assembly yesterday during a debate over the risks and benefits of a free trade agreement with the United States.
Cheaper products from North Korea's Kaesong special economic zone, which is a part of the proposed Asean-South Korean free trade agreement, may flood into Thailand and hurt local producers, according to executives of the Board of Trade.
The Ministry of Finance and Economy said that it would exert all-out efforts to shelter the Korean rice market from an influx of US agricultural imports after the enforcement of the proposed Korea-US Free Trade Agreement.
