ISDS Case Map
Korea
Trade officials from South Korea and Colombia kicked off their first round of negotiations here Monday aimed at forging a free trade agreement (FTA) to boost the flow of goods and investment.
In a press conference on Thursday with US President Barack Obama, President Lee Myung-bak said, "If there are any problems in the automobile sector... then we are ready to resolve this issue." The US side probably interpreted Lee's comments as signaling his willingness to either re-negotiate the FTA or hold additional talks.
The debate surrounding the South Korea-U.S. Free Trade Agreement (KORUS FTA) is growing stronger. President Lee Myung-bak’s suggestion of a possibility of renegotiation of the auto trade clauses in the agreement during the South Korea-US summit press conference has set it off.
While speaking on the Korea-U.S. Free Trade Agreement (FTA), President Lee Myung-bak hinted Thursday that he would consider engaging in additional negotiations in the automobile sector if the U.S. requests it. President Lee’s statement is expected to cause controversy.
Korea and Colombia will launch formal negotiations next month to seal a free trade agreement (FTA) as part of efforts to boost bilateral trade, Seoul’s trade ministry said yesterday.
More than twenty thousand South Korean farmers rallied on Tuesday to denounce free trade with the United States, ahead of US President Barack Obama’s visit to the country.
U.S. President Barack Obama will discuss the timetable for the ratification of the pending free trade deal with South Korea when he visits Seoul next week, a senior aid to Obama said Saturday.
South Korean President Lee Myung-bak and visiting Chilean President Michelle Bachelet agreed Wednesday to revise a free trade agreement (FTA) between their countries to reflect changed conditions since the deal was signed five years ago.
Korea wraps up today a high-level meeting with representatives of Latin American countries where discussion centered on how the two sides may pursue mutual interests.
U.S. President Barack Obama arrives in Korea on Nov. 18, but discord over the ratification of the bilateral free trade agreement with Korea is rising in the U.S.
