Speculation is rife within trade circles that the EU's free trade agreement with South Korea could be in for a rough time from newly-empowered MEPs who strongly oppose aspects of the deal.
Senior officials in the Obama administration, congressmen and staff see nearly no prospect for the ratification of the Korea-US free trade agreement by the US Congress, according to a group of Korean lawmakers just back from the US.
The Foundation for a Free Information Infrastructure (FFII) calls upon the EU Parliament and member states to remove the intellectual property rights chapter from the EU - Korea Free Trade
Agreement.
South Korea said on Sunday it had signed an enhanced economic cooperation agreement with the UAE as the two get set to mark their 30-year relationship anniversary next year.
South Korea and Japan will hold the fourth round of their bilateral free trade talks next week in Seoul next week, Seoul's trade ministry said Wednesday
US officials are preparing for talks with South Korea to address autos and other concerns that have blocked approval of a bilateral free trade agreement, the top US trade official said on Tuesday.
Chinese Vice President Xi Jinping, widely seen as in line to succeed President Hu Jintao in 2012, said he would like to see a free trade agreement between his country and South Korea in the near future.
Korea and Colombia agreed Wednesday to seal a high-level free trade agreement covering services, investment and other sectors, Seoul's trade ministry said.
Korea is wiling to lift its six-year-old ban on Canadian beef, President Lee Myung-bak sad yesterday after a summit with Canadian Prime Minister Stephen Harper.