ISDS Case Map
Korea
U.S. President George W. Bush on Monday announced a plan to submit a U.S.-Colombia free trade agreement to the U.S. Congress for ratification, despite opposition from the Democratic Party, which is opposing FTA deals. Attention is now drawn to how the U.S. debate on the proposed Colombia deal will affect the Korea-U.S. FTA.
A U.S. congressional aide expressed distrust of the pending free trade agreement (FTA) with South Korea, claiming Wednesday it does not eliminate trade barriers, especially on beef and autos.
The Korean government made yet another plea to local assemblymen to pass the much-disputed free trade agreement with the United States before the National Assembly session ends in May, calling the inability to ratify the pact in both countries "very regrettable". But the bill, signed on April 2 one year ago, faces diminishing hopes. Legislators in both countries are dragging their feet amid upcoming elections, rural American voters are demanding the resumption of U.S. beef imports to Korea and the U.S. Congress is struggling with the ratification of other FTAs.
Free trade talks between Canada and South Korea have hit some serious roadblocks and could end in failure, Trade Minister David Emerson said Tuesday.
South Korea's new president, Lee Myung-Bak, has said he backs a vast free-trade zone with Japan and China to boost the competitiveness of the three economic powers.
Korea is mulling over including agricultural investment in free trade agreements with countries like China and Australia that export agricultural products.
The expected quick resolution of the dispute now holding up a free trade deal between South Korea and the US will put Australian beef sales to our third largest export market under pressure.
A senior U.S. Democrat lawmaker said Tuesday the free trade agreement (FTA) with South Korea has no chance of passing the Congress this year, a contention strongly disputed by the South Korean ambassador to the U.S. who said he was confident Seoul can garner enough votes.
The United States does not intend to change the order of ratifying the three remaining free trade agreements (FTA), but South Korea's resolution of the beef issue would definitely change the timing of congressional approval of its FTA, the top trade negotiator said Wednesday.
New Zealand Foreign Minister Winston Peters says his trip to South Korea gave him the chance to broach the topic of free trade with the country's new government
