A parliamentary committee on Monday approved a comprehensive trade agreement with India that would eliminate or reduce tariffs on over 4,400 Korean products exported to the Asian nation, Yonhap news reported.
South Korea will develop 100,000 ha of farmland in Tanzania and make inroads into European markets, thanks to the EU-Korean FTA, a state-run rural development corporation said Thursday.
The United States Trade Representative Office has received more than 500 public comments on the pending free trade agreements with South Korea and Colombia, U.S. Trade Representative Ron Kirk said Tuesday.
The United States said on Monday it was taking a fresh look at whether South Korea is giving US automakers enough access under a draft free trade agreement, which has been stalled by disputes.
The leaders of South Korea and Italy agreed to expedite a free trade agreement between Seoul and the European Union yesterday in a summit in which culture eclipsed politics.
South Korea and New Zealand have agreed to make more efforts on the ongoing bilateral free trade negotiations to produce tangible results, Seoul's foreign ministry said Saturday.
The Committee to Support US Trade Laws and its affiliated organizations today submitted comments to the Office of the US Trade Representative regarding the proposed US-Korea Free Trade Agreement, strongly objecting to the antidumping and countervailing duty provisions of the section on trade remedies