Korea


What consequences will joining Biden’s IPEF have for S. Korea?
The US-led economic framework is designed to reorganize supply chains around the US — possibly sowing the seeds of conflict with China.
South Korea's incoming government considers joining US economic pact
South Korea is "positively considering" joining an Indo-Pacific economic pact planned by the United States, a government official said.
Israel ratifies free trade agreement with South Korea
Israel is accelerating efforts to sign free trade agreements with East Asian economic powers and Israel's vehicle market is likely to benefit from this over the coming months.
S. Korea presses US to ratify key international labor conventions
With the Korean government last year having ratified three conventions, including one prohibiting the use of forced labor, it has now ratified seven of eight core ILO conventions. Meanwhile, the US has ratified only two.
S. Korea decides to join CPTPP trade agreement
South Korea decided to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid heightened economic uncertainty.
S. Korea, Australia discuss US-proposed economic framework, supply chains
Top trade officials of South Korea and Australia vowed to boost cooperation on the US-led economic initiative in the Indo-Pacific region and other trade issue.
South Korean farmers rally against free trade
Hundreds of South Korean farmers and fishers protested in the country’s financial and political center, Yeouido, demanding the government reconsider its intention to enter into yet another free trade agreement.
Farmers, fishermen strongly oppose Korea joining CPTPP
A coalition of farmers and fishermen are against the government's move to join a trade agreement with 11 countries in the trans-Pacific area, saying their livelihoods will be threatened greatly if Korea opens its market to global sellers of cheaper agricultural and marine products.
S. Korea's accession to CPTPP likely to boost real GDP, damage agricultural sector
Los sectores de agricultura y pesca se opusieron firmemente a la medida, y docenas de agricultores y pescadores enojados realizaron una protesta en la sede de la audiencia pública.
South Korea’s CPTPP membership application being delayed
South Korea’s application for the CPTPP membership is likely to become possible in June, two months behind schedule, amid opposition from farmers and fishermen and the government's transition period.