ISDS Case Map
Korea
More than a year and a half since Korea and the United States signed a free trade agreement, the deal is still pending. Now attention is focusing on whether the two countries' legislatures can approve the agreement to mark the one-year anniversary of Korea's Lee Myung-bak administration and the launch of the new Barack Obama administration in the US.
The Scotch Whisky Association will this week call on the European Union to step up the pressure on South Korea to lower its punitive 20% import tariffs in a groundbreaking free trade agreement that will help unlock the fifth largest whisky market in the world.
South Korea's chief free trade negotiator said free trade is essential to break through the current economic slump, South Korea's Korea Herald said Friday.
South Korea and the European Union (EU) agreed to delay their upcoming free trade talks by two to three weeks, South Korean Trade Minister Kim Jong-hoon said Wednesday.
The EU intends to move ahead with a free-trade agreement currently being negotiated with South Korea despite delays and grumbles from the European car industry.
Hee-Beom Lee is a fierce free trade advocate who believes there are plenty of opportunities for Korean business people to invest in New Zealand including in critical sectors like dairy.
International Financial Services London, representing banks,
accountants and other financial industries, said it was disappointed
that some European manufacturing groups opposed the deal and were calling
for negotiations to be suspended.
South Korea has signed a contract with a US lobbyist to facilitate congressional ratification of a pending free trade deal amid growing opposition to the pact fueled by the global economic crisis, Yonhap News reported Monday quoting an informed source.
Local media say South Korea wants to finalize the FTA talks within the first quarter this year and make it effective early next year.
European car makers called Thursday for the European Union to scrap a draft free-trade deal with South Korea, saying it won't let them increase exports during a sales slump at home.
