As Korea and the U.S. await the approval of their respective legislatures on a Free Trade Agreement, around 30 members of the US Dairy Export Council came to Korea to study and tap this promising market this week.
Kia spent $150,000 in the first quarter of this year to lobby members of the US House and Senate on matters that included the Korea-US free-trade agreement, according to federal lobbying records.
The U.S. Senate has approved the Trade Adjustment Assistance (TAA), a worker training program that has been the largest stumbling block to the ratification of the bilateral free trade agreement with Korea.
The ruling Grand National Party (GNP) and the main opposition Democratic Party (DP) clashed again Monday over when to ratify the pending Korea-U.S. free trade agreement (KORUS FTA) on the first day of the 20-day annual inspection of state affairs.
We sift through the facts and myths of free trade agreements with Laura Carlsen, director of the Americas Program of the Center for International Policy and a columnist for Foreign Policy in Focus.
Rival parties agreed Thursday to begin the ratification process for the long-pending free trade agreement with the United States at the same pace with the U.S. Congress, officials said.
A free-trade area among China, Japan and South Korea would bring enormous benefits to the regional economy, but it will take many years before such an agreement can be signed, officials and experts said on Wednesday.
According to an anonymous source in Washington Thursdaythe US House of Representatives has tentatively agreed to vote on the country's three pending trade deals with Korea, Colombia and Panama in mid October.
In June, the US and South Korean governments clarified that US cheese manufacturers will be able to continuing shipping to Korea a wide variety of cheeses of importance to the US dairy industry despite the EU-Korea FTA's provisions on geographical indications