ISDS Case Map
Korea
The AFL-CIO, the largest US union group, and the United Steelworkers oppose the Obama administration’s trade agreement with South Korea, splitting with unions representing auto and farm workers.
In 2007, South Korea launched an FTA with the 10-member Association of Southeast Asian Nations (ASEAN), which includes Malaysia, but Seoul hopes for a higher-level separate FTA with the country, one of South Korea's major economic partners.
South Korean farmers staged a protest on Wednesday, urging their government to abolish the US- South Korea free trade agreement.
An unusual split in the US labor movement has developed over President Obama’s proposed free-trade pact with South Korea, with two powerful unions backing the deal — a development that experts say will make Congressional ratification far more likely.
Korea will hold talks with the EU over vehicle gas mileage and greenhouse gas emission standards in the free trade agreement after renegotiations of the FTA with the US opened the door for adjustments.
United Auto Workers President Bob King sparked outraged among progressives and the labor movement by endorsing the Korea Free Trade Agreement. The Economic Policy Institute estimates that the treaty will cost 159,000 American jobs over the next five years.
Hyundai-Kia Automotive Group is bracing for stiffer competition in the domestic market under the Korea-US free trade agreement, as the pact will likely make Japanese and German cars much more price-competitive here.
Organized labor in the US is in an uproar over the new free trade agreement with South Korea, with some union leaders accusing United Auto Workers president Bob King of embracing a deal to curry favor with a White House that saved the UAW with its $80 billion bailout of the auto industry.
In early signs that the renegotiation of Korea's free trade agreement with the U.S. was the thin end of the wedge, the European Union Chamber of Commerce in Korea said Monday it is reexamining environmental and safety clauses in the automotive segment of the Korea-EU FTA.
Canadian companies risk losing ground in South Korea now that both the United States and the European Union have sealed free-trade deals with the Asian export powerhouse.
