Korea


US may have to trade agri for autos in Korea trade deal
Both sides “are having a difficult time figuring out what the options are, given the damage that was done in Seoul” by not sealing a deal, Jeffrey Schott of the Peterson Institute says. “They’ve created a real mess.”
New strategies prepared for next month's FTA talks with US
Korea will prepare new strategies -- said to include the protection of Korea’s relatively vulnerable pharmaceuticals and agricultural markets -- before resuming free trade talks with the US next month in Washington,
Trade minister confirms additional US FTA demands
Korea's trade minister has admitted to parliament for the first time that US demands on the Korea-US FTA amount to re-opening the already agreed text.
Seoul keen on bilateral trade deal with Manila
Seoul is interested in forging a bilateral trade pact with Manila, the South Korean envoy said on Tuesday.
Korea, Peru sign free trade pact
South Korea and Peru signed a bilateral free trade agreement (FTA), Monday, which is expected to be implemented midway through next year after being approved by the parliaments of both countries.
FTA talks jolted by US demand on beef imports
Korea and the US were expected to announce Thursday a compromise on contentious issues in their free trade agreement, but an unexpected twist appeared in the negotiations.
US beef exporters urge speed, not changes, in South Korean trade accord
American beef exporters are pushing the Obama administration and Congress to approve a pending trade agreement with South Korea without delay rather than hold out for concessions on their behalf.
S. Korea reaffirms beef issue not on table in FTA talks
South Korea will risk indefinitely delaying the conclusion of a free trade agreement with the United States if Washington insists on an "unacceptable" demand that Seoul opens its market wider to US beef, a senior government official said Wednesday.
Chrysler joins Ford against Korean pact
Chrysler today voiced its opposition – along with Ford – to passage of a free trade agreement between the US and Korea as written in 2007.
Opposition DP opposes ratification of FTA with US
Korea's main opposition Democratic Party voiced strong opposition Tuesday to the government’s move to revise the text of a free trade agreement signed between Korea and the United States in 2007 to ease environmental standards for American-made automobiles.