Korea


S. Korea, New Zealand to hold free trade negotiations next week
South Korea and New Zealand will hold the second round of bilateral free trade talks next week, South Korean trade ministry said Thursday.
S Korea, EU to initial free trade deal next month
South Korea and the European Union will initial their bilateral free trade agreement in October as the both sides completed legal reviews of the deal this week, Korea's Ministry of Foreign Affairs and Trade said on Thursday.
Eastern promises
When the Rubber Bill (intended to amend the Rubber Act, 1947) was presented in Parliament on August 7, the Opposition did not let it through. The reason was, it was presented by Prithviraj Chavan, minister of state for parliamentary affairs, and not any minister of commerce and industry, which is the ministry concerned.
S. Korea, Colombia to start FTA talks this year
South Korea and Colombia agreed Thursday to begin talks on a free trade agreement (FTA) within the year, Seoul's foreign ministry said after a meeting between their foreign ministers here.
Trade deficit surges 4-fold after FTA with EFTA nations
Korea's trade deficit with a four-European nation economic block has surged by four-fold since the signing of a free trade agreement three years ago, with its imports growing at a much faster pace than exports.
Peru seeks conclusion of FTA with S. Korea within this year
Peruvian Foreign Minister Jose Garcia Belaunde said Tuesday his government hopes to conclude free trade agreement (FTA) talks with South Korea before November.
Exporters urged to benefit from 2nd wave of FTA tariff elimination
Another 12,500 products falling under free-trade agreements with five trading partners will be subject to zero tariff rates come January in the second phase of import-duty reduction.
Don't relax steel import tariff barriers, say industry leaders
Some of the country’s largest steelmakers have asked the government not to bring the commodity under the purview of the recently signed free-trade agreements with Asean and Korea.
Asean+6 to create world's biggest economic bloc
Asean and its six major trading partners yesterday reaffirmed their resolve to create the world's largest economic bloc through the "East Asia Free Trade Agreement" and "Comprehen-sive Economic Partnership in East Asia" within 15 years.
Korean move good news to US pork producers
It may be an understatement to say the national Pork Producers Council is happy with the decision of Korea to inspect only a sample of US pork exports rather than 100% of them and to lift a ban on live hog imports from the United States.