ISDS Case Map
Korea
Korea is expected to sign a framework agreement for free trade with the Association of Southeast Asian Nations in mid-December.
About 2,000 farmers and farm activists and 3,000 union workers took to the streets of Pusan to denounce APEC, the World Trade Organisation and US President George W Bush, who was attending the leaders' meeting.
Despite being a late starter in pursuing bilateral free trade agreements, Korea has been actively seeking Free Trade Agreement talks with its trading partners around the world.
Alexander Vershbow, Washington's top diplomat to Seoul, said Tuesday that South Korea's lifting of the ban on US beef could trigger talks on a bilateral free trade agreement (FTA).
The Ministry of Finance and Economy seeks to slash the screen quota to the number of days demanded by the US before proceeding with the stagnating Korea-U.S. bilateral investment treaty (BIT) and free trade agreement (FTA) talks.
South Korea is moving to provide financial assistance and other support to companies and their workers who are adversely affected by free trade agreements with foreign countries, officials said Tuesday.
New Zealand will pursue talks for free trade and a deal for joint film production with South Korea when their government officials meet during the APEC forum in Busan next month.
Korea's top trade official voiced pessimism about the prospects for signing a free trade agreement with Japan and the United States, but was more hopeful about future trade accords with other nations.
An influential official of the US business community says the US could put aside Korea as a trade partner for free trade agreement (FTA) talks if no progress is made to resolve bilateral trade issues in the next six months.
Wellington Regional Chamber of Commerce President Simon Arnold and his counterpart from the Busan Chamber of Commerce and Industry last week signed an agreement committing both Chambers to promote to their respective Governments the advantages of an FTA between Korea and New Zealand.
