ISDS Case Map
Korea
What was once a possibility has become a reality, as Seoul carries over one of the most burdensome agendas from its former President Roh Moo-hyun's administration. Now facing more uphill conditions, prospects for the deadlocked Korea-U.S. free trade agreement (FTA) look even dimmer, experts say.
A proposed free-trade agreement with Korea has cleared an early hurdle, a joint study concluding that it would bring substantial benefits to both countries.
Made-in-Korea products are increasingly losing ground in the American market.
In contrast, market shares of seven other countries including Mexico, whose free trade agreements with the U.S. came into force, are rising steadily.
Japanese Prime Minister Yasuo Fukuda is keen to relaunch stalled talks for a bilateral free trade deal with South Korea as soon as possible, Jiji Press reported Friday.
A potential free trade agreement with Korea is being seen as the start of what could become a key economic partnership.
A South Korean parliamentary report says that some of the clauses of a free trade agreement with the United States -- National Assembly's right to dictate taxable items and tax rates -- may be unconstitutional.
Negotiated on the sidelines of the US-Korea FTA, in March 2007.
A South Korean lawmaker has locked himself inside a parliamentary committee room to try to block moves to ratify a free trade deal with the United States
A scheduled parliamentary discussion on the ratification of a South Korea-US free trade deal was called off Monday as members of the Democratic Labour Party blockaded the meeting venue. Meanwhile, the head of the Korean Confederation of Trade Unions -- a militant labor umbrella group -- left for a trip to the United States Monday, vowing to nullify the motion in cooperation with US labor groups.
The Japanese government hopes to reopen free trade negotiations with South Korea that have been stalled for over three years due to differences between the two sides, a Japanese newspaper said Friday.
