ISDS Case Map
Korea
Korea made significant achievements in the area of free trade agreements in 2005, demonstrating the government's stellar management of trade policies, experts say.
The atmosphere is ripe for starting talks with the United States for a tariff-free trade scheme, which, if realized, may change this country's overall industrial picture as never before. But an FTA with giant, advanced economies, like America's, requires a very careful approach.
As Washington pushes Seoul to begin talks for forging a free trade agreement, the Korean government says both countries have not yet agreed on when or even whether negotiations will begin.
The Chilean Embassy in Seoul said that Chile will award the “Decoration of Bernardo O'Higgins” to five Koreans who contributed to the successful free trade agreement (FTA) between South Korea and Chile.
"When I started four years ago I had a full head of hair and no grey hair," New Zealand Ambassador David Taylor jokingly told the Korea Herald before leaving the harsh Korean winter for the green pastures of a Kiwi summer.
Korea and the U.S. could start negotiations for a free trade agreement in April, an insider said Friday. The government is reportedly thinking of announcing the expected benefits of an FTA in President Roh Moo-hyun's New Year's meeting with the press around Jan. 17. The FTA could be concluded around next March after a year or so of negotiations, the source added.
South Korea and India adopted a final framework Friday to begin talks on a free trade agreement, Seoul officials said.
Thailand said it had refused to sign a trade agreement between South Korea and ASEAN, insisting that rice be included on the list of goods facing tariff cuts.
South Korea's trade minister and his counterparts from the European Free Trade Association, or EFTA, signed a free trade agreement yesterday at the World Trade Organization ministerial conference in Hong Kong.
GCC Secretary General HE Abdulrahman bin Hamad al-Attiyah has said that negotiations are now under way between GCC and China for earlier conclusion of Free Trade Agreement (FTA) and that a legal framework is now being made in preparation for the FTA agreement with Korea.
