Korea


Tariff cuts on Chinese, Korean vehicles pushed
Vehicle importers are urging the government to implement the scheduled tariff cuts under the Asean free trade agreements (FTAs) with China and Korea.
Potential FTA impacts studied
The Ministry of Economic Affairs yesterday said it was looking into Taiwanese industries that could suffer a potential blow after a South Korea-EU free-trade agreement (FTA) takes effect on July 1.
Seoul urged to sign additional FTAs to keep trade growing
South Korea needs to sign additional free trade agreements (FTAs) quickly with as many countries as possible to keep its trade growing, a report said Tuesday.
Japan, China, South Korea Eye Trade Pact
The leaders of Japan, China and South Korea pledged Sunday to speed up laying the ground work for a possible three-way free trade pact, in a step to revitalize discussions in light of the economic damage from the massive earthquake and tsunami that struck Japan on March 11.
Conglomerate heads urge quick approval of U.S. FTA
Leaders of South Korea's largest business groups urged the nation's parliament Thursday to quickly ratify a free trade agreement (FTA) with the United States signed four years ago.
GNP, Blue House stress urgency of passing FTA
The ruling Grand National Party and the Blue House increasingly raised their voices yesterday to stress that Korea’s legislature should approve the long-pending Korea-U.S. free trade agreement before August.
White House threatens to hold up key trade deals
The White House is threatening to hold up final passage of three coveted free trade agreements unless lawmakers expand retraining assistance for American workers who lose their jobs because of foreign competition.
MINBYUN calls for disclosure about KORUS FTA visas
South Korean civic organization MINBYUN-Lawyers for a Democratic Society filed an administrative lawsuit against the Ministry of Foreign Affairs and Trade (MOFAT) on May 15, demanding that the ministry make public a letter on professional worker visa quotas that former Minister of Foreign Affairs and Trade Kim Hyun-chong is said to have received from the U.S. administration.
U.S. FTA to test new floor leaders’ resolve
All eyes are on the new floor leaders of the Grand National Party and Democratic Party, who will lead their parties until the 2012 general election.
Disagreements hold up free trade agreements
The American Farm Bureau Federation supports the proposed US free trade agreements with Korea, Panama and Colombia, while the National Farmers Union is opposed.