Korea


TPP countries to start accession talks for new members in 2019
Thailand, Indonesia, Columbia, South Korea and Taiwan are seen as willing to join the revised TPP. Britain has also shown interest.
Elliott starts ISD suit against Korea, claiming $770m in damage
US-based hedge fund Elliott Associates has officially filed for an investor-state dispute settlement against the South Korean government seeking $770 million in compensation for the merger between two Samsung Group affiliates.
India, South Korea agree on early reduction of tariffs on 11 items
India and South Korea have agreed to reduce tariffs on 11 items as part of the on-going negotiations for upgrading the existing Comprehensive Economic Partnership Agreement.
Revised KORUS FTA expected to be signed in September
South Korea and the United States are expected to sign the revised KORUS FTA in September 2018.
Korea seeks to cancel ISD decision on Daewoo Electronics deal
South Korea is seeking to cancel a recent investor-state dispute settlement decision by an international tribunal in which the government was asked to compensate US$65 million to an Iranian company.
US fund claims $175 million from South Korea over Samsung units' 2015 merger
New York-based hedge fund Mason Capital Management has filed a legal claim seeking at least $175 million from the South Korean government as compensation for damages it says it sustained from a 2015 merger of two Samsung Group affiliates.
S. Korea, China to hold second round of FTA talks in July
South Korea and China will hold the second round of talks to expand the scope of their bilateral free trade agreement later to better cover the service and investment sectors.
Seoul, Moscow to seek start of FTA negotiations for service, investment: Moon
South Korea and Russia will soon launch negotiations for their first free trade agreement , South Korean President Moon Jae-in said.
Argentina’s Macri wants Mercosur to pursue global trade deals
Argentine President Mauricio Macri and Uruguayan counterpart Tabare Vazquez agreed that the Mercosur bloc should pursue trade accords with Asian countries and Canada.
Getting North Korea on board Belt & Road initiative will be easier than expected
Many think that infrastructure in North Korea is in a dilapidated state, but data from the US Central Intelligence Agency (CIA) tells a different story and one that indicates that North Korea's economic potential may have been underestimated.