ISDS Case Map
Korea
South Korean companies are eyeing the investment potential of prime New Zealand resources as both countries prepare to start bilateral free trade negotiations.
The US will find it harder and harder to maintain neoliberalism abroad and some sort of financial state capitalism at home. As unemployment grows, it will also become more difficult to use access to the US market as leverage to incorporate client states abroad into the fold of US imperialism. We are at a major turning point. Like most of neoliberal ideology, free trade has lost its allure. However, what will replace it isn't entirely clear. There are many possibilities, and they all depend on the level of class struggle. In the US, the most crucial question is whether workers get pulled into a nationalist, protectionist "Buy American" campaign--or whether they take an internationalist approach in concert with workers in other countries
Both the Korean government and the ruling party seem to be waiting for the Americans to make up their minds
South Korea and Australia have taken another step towards signing a free trade agreement (FTA), despite the ongoing global economic crisis.
Korea and Peru agreed to hold the first round of FTA negotiations in March, the Korean Ministry of Foreign Affairs and Trade said
Free trade will be on the table when South Korean Foreign Minister Yu Myung-hwan meets his New Zealand counterpart Murray McCully this weekend. The men would consider a timeframe for starting negotiations towards a free trade agreement during talks on Sunday.
Hakubaku Australia has completed the largest ever export deal for Australian-made organic retail products into Korea with a $300,000 shipment of organic somen noodles to leading Korean food brand Sajo Haepyo, with the assistance of Austrade. This represents the second largest retail coverage for any Australian-made product behind Australian beef and shows the potential impacts of the proposed Australia-Korea FTA.
Car imports remain a major divisive issue. The EU wants South Korea to replace all its existing regulations for European imported cars with international standards.
The European Union should seek big reductions in tariffs and an end to rules that limit trade as part of its negotiations with South Korea on a free trade agreement, the E.U.'s main business group said in a letter released Monday.
Trade ministers from Korea and the European Union will meet in Seoul next week to iron out divisive issues related to a free trade deal, officials said yesterday.
