ISDS Case Map
Korea
South Korea is ready to accelerate its efforts to sign free trade agreements with Mexico and Mercosur, the country's top economic policymaker said Monday.
The free trade agreement between Korea and the United States would reduce the Korean government's customs-related tax revenues by an estimated 860 billion won ($925 million) annually for 10 years after the pact is implemented, the National Assembly's Finance and Economy Committee said yesterday.
South Korea has a two-track free trade promotion plan aimed at winning market access in both advanced and developing economies.
South Korean officials say they hope to reach a deal by the end of this year.
Vietnam, Singapore, Peru and South Korea are just some of the countries Canada is discussing various trade deals with, despite saying the WTO talks are its priority.
A non-partisan group of 82 lawmakers filed a request with Korea's National Assembly Monday, asking for a parliamentary probe of a free trade deal between South Korea and the United States which awaits legislative approval in both countries.
South Korea and Peru agreed to launch discussions on forming a bilateral free trade agreement during a summit between South Korean President Roh Moo-hyun and Peruvian President Alan Garcia
Leaders of the US Congress have reportedly decided to approve the US-Colombia FTA before deliberating the Korea-US FTA.
A year after a trade deal between Korea and the European Free Trade Association (EFTA) went into effect last September, Korea's largest trade group said that imports from the four-nation bloc hiked while exports dipped heavily.
A new study reveals Australian agricultural and food exports to Korea could be slashed by 12% by 2030, in real terms, should Korea and the US ratify their free trade agreement.
