Korea


Korea, Chile agree to resume FTA upgrade talks this year
Korean Prime Minister Han Duck-soo held talks with Chilean President Gabriel Boric on Tuesday and agreed to resume negotiations this year to upgrade a bilateral free trade agreement that went into effect in 2004.
Lone Star, other investor-state disputes cost Korea W68.5b
South Korea has spent nearly 68.5 billion won ($48.1 million) in total to fight and settle investor-state dispute settlements since 2013,#including its battle with US-based private equity firm Lone Star, data showed.
PH-S. Korea free trade deal seen entering into force in 2023
The Philippines is eyeing the entry into force of a free trade agreement (FTA) with South Korea next year, with the bilateral pact seen benefiting local banana and processed pineapple exporters in the form of reduced tariffs.
Cambodia-Korea FTA to come into force from December 1
The Embassy of the Republic of Korea confirmed on Sunday that the Cambodia-Korea Free Trade Agreement will enter into force on December 1, 2022.
Decade-long ISDS lawsuit vs Lone Star costs S. Korean gov’t $40 mn
The South Korean government is found to have spent nearly $40 million in litigation expenses for its decade-long legal dispute against US private equity firm Lone Star Funds.
Israel-South Korea free trade deal to take effect Dec. 1
A free trade agreement between Israel and South Korea will go into effect on Dec. 1, Israel's Economy Ministry said, in a move expected to lower the prices of Korean-made cars, toys, video game consoles and soy sauce.
Korea ratifies free trade deals with Israel, Cambodia
Korea's National Assembly on Tuesday ratified a respective free trade agreement with Israel and Cambodia, wrapping up the final domestic procedure needed for their implementation.
Korea ratifies free trade deals with Israel, Cambodia
Korea's National Assembly ratified a respective free trade agreement (FTA) with Israel and Cambodia, wrapping up the final domestic procedure needed for their implementation.
S. Korea, Ecuador hold new round of talks for bilateral trade deal
South Korea and Ecuador began a seventh round of talks on the formation of a bilateral free trade deal, the trade ministry here said.
Korea on alert over 6 more investor-state suits following Lone Star ruling
The total amount of claims asked by claimants against the Korean government exceeds $1.2 billion.