Korea


Some 1,500 Taiwan products to be affected by EU-Korea FTA: officials
Around 1,500 Taiwanese products are facing a growing threat from South Korean exports in the European market as a result of a comprehensive free trade agreement (FTA) between the European Union and South Korea, which took effect July 1, economic officials said Saturday.
S. Korean biz bodies hail implementation of EU FTA
South Korea's leading business organizations on Thursday welcomed the scheduled implementation of the free trade pact with the European Union (EU), vowing full support for the deal that promises to promote trade and economic growth.
S. Korea-EU trade deal will impact globally: envoy
A sweeping free trade agreement between South Korea and the European Union will have a worldwide impact, the EU's ambassador in Seoul said Thursday, on the eve of its implementation.
Thousands march in Seoul over free trade deal with US, college tuitions
Braving heavy rains, more than 15,000 people staged simultaneous rallies in central Seoul Wednesday against a free trade deal with the United States, high college tuitions and various sensitive labor issues.
EU free trade pact sparks debate on KORUS FTA
From Friday, Koreans will be able to purchase products made in 27 European Union member states at cheaper prices than before, as the free trade pact between the two takes effect.
New AMCHAM chief rosy about Korea-U.S. FTA ratification
The new head of the U.S. business community in South Korea said Wednesday that he is "optimistic" about the early ratification of a bilateral free trade deal and is doing his best to achieve it.
Opposition party's blockade of FTA
Korea's ruling Grand National Party, the main opposition Democratic Party, and the administration held their first consultation meeting on the proposed ratification of the Korea-U.S. free trade agreement. At the meeting, Democratic Party Rep. Kim Dong-cheol said the Lee Myung-bak administration’s renegotiation on automobiles hurt the balance of interests between the two countries, suggesting that his party will oppose ratification.
Administration wants to send trade pacts to Congress before recess
The Obama administration hopes to send all three pending free trade agreements — Colombia, Panama, and Korea — to Congress before the August recess.
EU sees S. Korea trade pact as model for Asia
The European Union sees its sweeping free trade agreement with South Korea as a model for planned pacts elsewhere in Asia, the EU's chief negotiator on the deal said Monday.
Wisconsin Farmers Union opposes free trade pact with Korea
Legislative leaders should be protecting and promoting American jobs, family farms and our rural communities through sound economic, environmental and labor policies. This trade agreement doesn't adequately promotes these values