Korea


Korea`s next problem after FTA ratification: trade lawyers
Korea’s Office of the Minister for Trade recently attempted to recruit lawyers specializing in international trade before the effectuation of the free trade agreement with the European Union.
Judge under fire for post critical of FTA railroad
Controversy is expected following a Supreme Court decision to deliberate in its public officials' ethics committee over the appropriateness of a sitting associate judge’s Facebook post critical of the railroading of the South Korea-U.S. Free Trade Agreement (KORUS FTA).
Seoul, Beijing to start FTA talks in January
Seoul and Beijing hope to start bilateral free trade talks in January, according to the Chosun Ilbo. They already agree to keep out sensitive items like agricultural produce.
Assembly's trade panel chief offers to resign over US FTA
The chairman of Korea's parliamentary committee on foreign affairs, trade and unification offered to resign Thursday, two days after his ruling party forced through a free trade agreement with the United States amid tear gas and physical scuffles.
Preventing a KORUS FTA train wreck
The train for the South Korea-U.S. Free Trade Agreement (KORUS FTA) has not yet left the station. We are the passengers on board, not the tearful ones waving handkerchiefs and seeing them off. We should never have boarded this train to begin with, but now that we have stumbled aboard, we must now do all we can to ensure the train does not derail, and get off before we reach the cliff.
Occupy, South Korean activists protest trade deal
Occupy Wall Street protesters joined with a group of South Korean activists on Tuesday to rally against the so-called free trade deal between Seoul and the United States. The demonstrators rallied outside the South Korean mission in New York.
Ruling government scrambles to contain voter backlash
Korea's ruling GNP’s surprise railroading of the ratification of the US FTA on Tuesday stands a strong chance of having an unfavorable impact on the administration due to its “procedural violence.”
FTA to boost auto industry, hurt drug makers, farmers
The income levels of Korean farmers could be shaved, with the livestock industry in particular taking a severe beating following the implementation of the FTA.
Business groups welcome FTA passage as historic watershed
Business organizations on Tuesday hailed the parliamentary ratification of the Korea-U.S. free trade agreement as a major turning point in Korea’s economy and history of trade.
Opposition parties boycott Assembly sessions in protest of FTA passage
The main opposition Democratic Party (DP) vowed Wednesday to boycott all parliamentary sessions in protest of the ruling party's unilateral passage of the disputed free trade agreement with the U.S.