Korea


S. Korea wins lawsuit seeking to revoke arbitration ruling in Elliott case
South Korea has won a case filed at a British court seeking to reverse an international tribunal court's order to pay more than US$100 million in damages to the US hedge fund Elliott Investment Management.
US investors escalate legal fight with Seoul over Coupang
A growing group of US investors in Coupang Inc. are intensifying a legal dispute with the Korean government over what they call discriminatory action against the company following its massive data breach last year, adding to broader Korea-US tensions.
EU-Korea digital trade agreement
While this deal aims to strengthen trust in digital trade, attention needs to be paid to ensure strong and consistent consumer protection on both sides.
US and South Korea need more discussion on trade deal, Seoul says
South Korea needs more discussion with the US on a trade deal they reached last year, the industry minister said after two days of talks through Friday with his counterpart, following US President Donald Trump's announcement to raise tariffs.
Korea-UK upgraded FTA finalized, enhancing trade, investment foundations
South Korea and the United Kingdom have concluded negotiations to upgrade their free trade agreement (FTA), prompting Korean companies to move swiftly to establish the UK as a strategic overseas base.
Korea’s delay in trade agreement ratification prompts Trump to increase tariffs
US President Donald Trump has declared a surprise increase in tariffs on major items including Korean automobiles from the existing 15% to 25%.
Korea, Bangladesh to hold 2nd round of negotiations for free trade deal
South Korea’s push for a CEPA with Bangladesh warrants caution. While touted as a strategic gateway to South Asia, Bangladesh faces serious challenges — including political instability, weak infrastructure, and concerns over labour standards and governance — that could undermine the human rights and economic benefit for the people.
Coupang's US investors notify S. Korea of plan to seek international arbitration: ministry
The two investors -- Greenoaks and Altimeter -- took issue with Seoul's response to the e-commerce giant's data breach late last year, claiming that it violated obligations under the Korea-US FTA regarding fair and equitable treatment.
Mexico, South Korea move closer to bilateral free trade agreement
Mexico and South Korea are advancing talks to finalize a bilateral free trade agreement aimed at lowering tariffs and boosting economic cooperation. The renewed momentum follows a high-level parliamentary exchange, with Mexico pledging to support negotiations and facilitate the process.
Egypt, South Korea sign joint statement on comprehensive economic partnership agreement
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and South Korea’s Minister of Trade, Industry and Energy Yeo Han-koo signed a joint statement on a proposed Comprehensive Economic Partnership Agreement (CEPA) between the two countries on Sunday.