ISDS Case Map
Korea
The ruling Grand National Party (GNP) ratcheted up the pressure on the opposition Friday, hinting at the possibility that it will exercise authority to raise the ratification motion for the South Korea-U.S. Free Trade Agreement (KORUS FTA).
South Korean authorities have detained at least 15 people after police clashed with protesters demonstrating against the country’s free-trade agreement with the US.
Taiwan’s private sector needs to pull its weight if government policies aimed at offsetting the impact of the U.S.-South Korea free trade agreement are to succeed, Economic Affairs Minister Shih Yen-shiang said.
The floor leader of the ruling Grand National Party (GNP) Wednesday opposed using the Assembly speaker's authority to pass the long-pending free trade deal with the United States on the floor, saying a unilateral passage would cause distrust in party politics.
Few would be surprised if the ruling Grand National Party resorted to its majority power to ram the Korea-U.S. free trade agreement bill through the National Assembly at any time. The GNP must believe it has accumulated enough justification to do so while the main opposition party has weak logic to ask for public support for its rejection of the bill. Rep. Chung Dong-young is in the center of the DP’s illogical and unreasonable behavior in the KORUS FTA tussle.
Seoul has inched closer to endorsing the Korea-U.S. free trade agreement (KORUS FTA), with the ruling camp pushing to make it a done deal by the end of the month despite resistance from the opposition parties.
South Korea and Indonesia agreed to significantly boost their economic ties, a move that will include the signing of a free trade deal at an early date, the Seoul government said Monday.
Japanese Prime Minister Yoshihiko Noda and South Korean President Lee Myung Bak agreed Wednesday to speed up working-level talks to resume bilateral free trade negotiations.
Korea's Democratic Party has set as its platform an approach of blocking the ratification of the US-Korea FTA through any means necessary if its preconditions are not met.
With the US Congress approving its free trade deal with South Korea last week, Canadian pork could soon be shut out of its third largest market.
