ISDS Case Map
Korea
South Korea said it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia, as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio.
South Korea said it will spare no efforts to conclude a mega Asia-Pacific trade pact by the end of this year in line with efforts to revitalize an extended slump in its exports amid the new coronavirus pandemic.
US private equity firm Lone Star Funds suggested it was open to “amicable and sensible” out-of-court option to settle the longstanding dispute with the Korean government.
South Korea will hold the seventh round of talks with China to discuss expanding the scope of their bilateral free trade agreement to better cover the service and investment sectors.
The Mercosur agreement with the EU will be subject to Parliament approval while Argentina is not interested in the South Korea deal, says Argentine Foreign Minister.
The ongoing differences between Brazil and Argentina are expected to have important implications for the future course of action within MERCOSUR and its engagements with other trade and economic partners including India.
The Philippines is pushing on with negotiations to conclude its FTA with South Korea, but the trade deal’s finalization has been moved to November.
Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic.
South Korea said will expand economic ties with developing nations to overcome the looming protectionism around the globe amid the new coronavirus pandemic.
South Korea and Indonesia agreed to quickly implement it in a way that helps minimize the economic fallout from the new coronavirus pandemic.
