Korea


Trump: Revised KORUS FTA may be signed during UN General Assembly
US President Donald Trump said that a revised trade deal between the US and South Korea may be signed later on the sidelines of the UN General Assembly.
Revised FTA to curb overuse of legal dispute by foreign investors
Lawyers claim investor-state dispute settlement should be abolished in FTA as in NAFTA.
S. Korea discloses revised clauses of FTA with US
South Korea will collect public opinions on the recently revised free trade agreement with the United States before sending it to the parliament for approval.
US-Korea FTA: Protocol amending the agreement (Sep 2018)
As released by the Korean Ministry of Trade, Industry and Energy
Indonesia, South Korea calling for acceleration of RCEP negotiation
Indonesian President Joko Widodo and visiting Prime Minister of South Korea Lee Nak-yeon met at the State Palace on Monday, calling for acceleration of the Regional Comprehensive Economic Partnership (RCEP).
South Korea decides to join CPTPP
The South Korean government has decided to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). It is now mulling over when to sign it.
WSJ: Revised KORUS FTA jeopardized by auto tariff dispute
A revised free trade agreement between South Korea and the US is reportedly in jeopardy after President Donald Trump threatened to impose heavy tariffs on auto and auto parts imports.
Swiss foreign investor claims it suffered US$264 million in damages caused by South Korean government
This is the fourth ISDS dispute this year in which the South Korean government is embroiled.
Korea-Turkey FTA in services and investment to go into effect Wed
A free trade agreement between South Korea and Turkey expands to the services sector and investment from Wednesday, raising more business opportunities for Korean contents and builders in the transcontinental country.
Schindler seeks $264 mn ISD suit vs Korean gov over Hyundai Elevator
Schindler filed a notice of intent for arbitration on July 11. Under the ISD procedure, if the issue is not resolved through settlement in 90 days, the investor can take the case to the international tribunal.