Korea


S. Korea, China expected to launch FTA talks in June
South Korea and China are expected to launch free trade negotiations as early as June, an official said Thursday, setting in motion a process to tear down trade barriers between two of Asia's biggest economies.
EU FTA may be in jeopardy
The National Assembly’s Foreign Affairs and Trade Committee yesterday finally approved the country’s long-stalled free trade agreement with the European Union. But the DP quickly threw a wrench into the process.
Cabinet approves withdrawal of KORUS FTA ratification bill
The Cabinet agreed to revoke a ratification bill for the South Korea-U.S. free trade agreement on Thursday as multiple translation errors were found in the Korean text of the pact, the government said.
Korea FTA to be sent to Congress ahead of Colombia, Panama deals: State Dept.
The Obama administration Wednesday reiterated that it will soon submit to Congress a pending free trade pact with South Korea, saying similar deals with Panama and Colombia will be sent later.
Trade group urges early implementation of FTAs with U.S., EU
A local trade group urged the government Monday to quickly implement the country's free trade agreements (FTAs) with the United States and the European Union, saying the country is still far behind the global average in terms of FTA-generated trade.
S. Korea, China, Japan agree on earlier conclusion of joint study on FTA
Top trade officials from South Korea, China and Japan agreed Sunday to conclude a joint study on the feasibility of a trilateral free trade agreement (FTA) at an earlier date, South Korean officials said.
Parties argue over how to help EU-FTA transition
The government and the ruling Grand National Party are at odds over how to minimize the damage that the pending free trade deal with the European Union would inflict on the domestic livestock farm business.
Locke to lead delegation to Seoul to promote Korea FTA's passage: Commerce Dept.
U.S. Commerce Secretary Gary Locke will lead a bipartisan congressional delegation to Seoul next week to build support for the ratification of the pending free trade deal with South Korea, the Commerce Department said Friday.
Busy days as Korea-EU trade agreement nears
The history of the British Chamber of Commerce in Korea, or the BCCK, dates back to 1977 when seven British businessmen began holding regular meetings to discuss issues about promoting business in Korea.
US business sees trade deals approved by July
A new U.S. deal with Colombia to address longstanding labor concerns should clear the way for Congress to pass three long-stalled free trade agreements by July, industry officials said on Friday.