Korea


Work for a win-win agreement
The competition over "mating" between countries and regions through free trade agreements is unusual. One hundred and twenty free trade agreements have been entered to date - 95 of them in the past five years. Fifteen agreements were reached last year and 37 are currently underway. Immediately after he came into office in 2001, US President George W. Bush pushed to enter free trade agreements, saying the United States was behind the European Union in making such pacts.
FTA to ease NK nuclear concern
A free trade agreement (FTA) between South Korea and the United States would help ease concerns over North Korea's nuclear weapons development, a high-ranking official said Tuesday.
S. Korea set to re-open FTA talks with Japan
South Korea is willing to resume talks with Japan on a free trade agreement (FTA) if the latter promises to open its agricultural market wider, Seoul's top economic policymaker said Saturday.
FTA deals a wild card: farmers
To the delight of free traders and the apprehension of Korean farmers and other globalization foes, the United States and Korea announced Thursday that they would begin negotiations on a free trade agreement.
Outlook Hopeful as Trade Talks Begin
Kim Hyun-jong, Korea's trade minister of the Ministry of Foreign Affairs and Trade, and Robert Portman, the United States Trade Representative, declared the start of preliminary ROK-U.S. ROK-U.S. free trade agreement (FTA) negotiations at a joint press conference in the main hall of Capitol Building in Washington D.C. yesterday.
Support free-trade talks with S. Korea
U.S. Trade Representative Rob Portman's newly announced plan to pursue a sweeping free trade agreement with South Korea is a bold step that, if done fairly, would be a win-win for the two nations, with long-term benefits for our economy.
Semiconductor Industry Association Applauds Launching U.S.-Korea Free Trade Agreement; Agreement Has Potential to Eliminate Trade Barriers
The Semiconductor Industry Association (SIA) today applauded United States Trade Representative Rob Portman for initiating talks with Korea on a Free Trade Agreement.
Hopes and Fears: Haste Should Not Make Waste in Free Trade Talks
The launch of free trade negotiations between Seoul and Washington Friday marks another watershed in the two allies' overall relationship. Particularly in economic areas, the two countries will almost become one with 90 percent of trade being made without tariffs in a decade. Doubts are still strong about the need for hurrying into a free trade agreement with the world's largest economy, but the die is cast. This is no longer a matter of whether or not but of how and what kind.
Car, Tech Industries Expected to Gain Most From FTA Deal
Local automobile and information technology (IT) industries are expected to benefit most from the Korea-U.S. free trade agreement (FTA).
Film People Begin Protest Against Screen Quota Cut
Members of the local film industry on Wednesday started their all-night relay rally against the government's decision to halve the screen quota system.