ISDS Case Map
Korea
A free trade agreement with the South American trade bloc Mercosur could increase Korea's gross domestic product by up to two percent, a study by the two sides has found. The Foreign Ministry said the joint FTA study was adopted at a Korea-Mercosur policy meeting in Montevideo, Uruguay late last month.
A report from the US International Trade Commission (September 2007)
The Ministry of Agriculture and Forestry said Seoul stressed the need to reflect the concerns of local farmers in any future free trade agreement (FTA) with China at preliminary discussions held in Weihai last week.
Korea's ambassador to Washington Lee Tae-sik believes the free trade agreement between Korea and the US will be ratified sometime next year.
The Canadian Auto Workers has called on the three opposition parties in Ottawa to vote down any Canada-Korea free trade agreement in order to save Canadian jobs. CAW's internal analysis predicts the trade deal would cost over 33,000 jobs.
Canada is entering a difficult final phase of free-trade negotiations with South Korea and needs to secure a deal if it wants to be able to compete with the United States in Asia, Trade Minister David Emerson said on Tuesday.
South Korea and China will hold a third round of preliminary talks this week on a possible free trade agreement, the foreign ministry said Monday.
South Korea's top agriculture policymaker said that there will be no linkage between plans to rewrite US beef import rules with the ratification of the free trade agreement that was signed in late June.
Korean government officials are trying to downplay concerns by anti-globalization and anti-FTA protesters including farmers that the Korea-US trade deal may lead to subjugation of the Korean economy to the United States. But a recent IMF report says that technology and foreign investment are worsening income inequality around the world.
Activists held protests Friday and urged the South Korean government to stop "unfair" trade deals with the European Union, as the fourth round of talks on a free trade agreement (FTA) between South Korea and the EU was due to end in Seoul.
