ISDS Case Map
Korea
Already, the EU has shunned Korea's request to include goods made in the inter-Korean industrial park in North Korea's border city of Kaeseong in their potential FTA and requested Korea to introduce a system in which cafes and restaurants pay royalties to music producers and performers.
With the European Union and South Korea starting their talks on a proposed free trade agreement (FTA) in Brussels, Korean negotiators remain divided over how to open the country's market to one of the world's largest economic blocks. The cacophony represents the fact that the government has not put in enough effort to gather consensus before negotiations began and only pushes for the conclusion of the economic deal in a hasty way.
South Korea and the European Union are struggling to narrow differences on tariffs and safety regulations on automobile trade as they try to forge an ambitious free trade agreement, a top South Korean negotiator said Tuesday.
'We are setting the bar very high with a 100-per-cent trade liberalization offer,' an EU trade official told Deutsche Presse-Agentur as European and South Korean officials opened a second round of negotiations in Brussels.
Among 53 Lotte Marts nationwide, six of the stores have already suspended sales of American beef due to demonstrations opposing the Korea-US FTA.
South Korea has sent a draft proposal on free trade talks to the EU, promising to remove or phase out import tariffs on cars over seven years. Seoul has also decided to exclude rice from its list of markets subject to opening, but it may agree to open up its agricultural market, including beef.
The National Electrical Manufacturers Association (NEMA) congratulates US trade negotiators on this week's signing of two important bilateral free trade agreements (FTAs), and calls upon Congress to ratify the two FTAs as soon as possible.
Lawyers for Democratic Society on July 12 requested that the government disclose information on the six new or corrected articles of the final protocol of the free trade agreement (FTA) with the United States concluded on June 30.
Korea's chief envoy to free trade talks with the European Union is cautioning against being overly optimistic about having products made at an industrial park in North Korea's Kaeseong included in the bilateral trade deal.
The ongoing free trade pact talks with the European Union (EU) will be centered on the extent of liberalization of the manufacturing sector, a senior Korean government official said Thursday.
