ISDS Case Map
Korea
The president believes the Korea-US FTA is unfair largely in that the FTA precedes all other laws in South Korea, but in the US, federal law comes before the FTA
South Korea's trade ministry said Monday it will seek ways to better protect investor rights from arbitrary regulations when holding talks with China to expand the scope of the two countries' free trade agreement (FTA) to the service and investment sector.
After the grueling negotiations, South Korean Trade Minister Kim Hyun-chong said that the two sides engaged in intense discussions and there is still a long way to go. Here is Professor Chung In-gyo from the International Trade Department at Inha University to examine the latest FTA talks between South Korea and the US.
Negotiators from South Korea and the United States failed to narrow differences over key trade issues in their second round of talks to amend the countries' bilateral free trade pact.
South Korea raised trade remedy issues during the second round of talks to amend its free trade agreement with the United States in response to Washington's slapping steep safeguard tariffs on washers and solar panels.
Mongolian Prime Minister expressed strong expectations for an economic partnership agreement with South Korea.
The leaders of three of Asia’s biggest economies will aim to advance a free-trade agreement and economic cooperation, putting territorial rows and military tensions aside at an expected trilateral summit in April, Chinese diplomatic observers said.
Samsung Engineering’s longstanding dispute with the government of Oman has been resolved, and industry insiders expect the resolution to lead to increased business activity between the two down the road.
The ban was effected over complaints by bullion traders. Unscrupulous traders were misusing the FTA to import bullion in the guise of jewellery. The trade bodies are willing to promote trade and manufacturing through FTA or similar agreements, but not at the cost of local manufacturers and workers prospects.
The two-day talks come days after US President Donald Trump again denounced the free trade deal as "a disaster" for the US, claiming the deal cost 200,000 American jobs.
