Korea


S. Korea-U.S. FTA causes drop in beef, pork prices: gov't
Beef and pork prices in South Korea fell year-on-year in the second quarter for the first time in eight years, apparently due to the proposed free trade pact with the United States, the government said Monday.
Sacrificing the nation's health for American beef
An imported-beef inspection team appointed by the government went to the United States on June 30 for a four-phase appraisal of the risks of American beef. It should be a precise process but everything from the preparation to the actual inspection made it seem as if they were just going through the motions. You worry whether they were adequately inspecting the beef for mad cow risk.
Investor-state dispute settlement rewritten to favor US
With Seoul and Washington concluding their renegotiation of the Korea-US free trade agreement (FTA), it has been confirmed there were some ‘‘unfair parts'' added to the economic deal under which investors of both sides are not treated equally in their respective countries.
International protest letter against the arrests of co-chairs of KoA
On Tuesday, July 03, 2007, two Co-Chairs of the Korean Alliance against the Korea-U.S. FTA, Oh Jong-ryul and Jung Gwang-hoon, were arrested on charges of carrying out 'illegal' and 'non-permitted' protests against the free trade agreement between US and Korea. We call upon individuals and organziations to endorse this protest letter by 13 July 2007.
Tens of thousands protest signing of the Korea-US FTA
On June 29, tens of thousands of farmers, workers, and ordinary Korean people gathered throughout the country to protest the signing of the Korea-US FTA. Protests were held in major cities including Seoul, Cheonju, Gwangju, Daegu, Pusan and Changwon. In total, roughly 50,000 gathered in a powerful display of opposition to the Korea-US FTA.
US-Korea FTA 'setback for Taiwan'
The US-South Korean free trade agreement (FTA) will seriously hurt Taiwan because South Korea and Taiwan are both main trading partners of the US, the Economics Ministry said on Sunday.
Seoul's negotiator welcomes USTR's comments rejecting amendments to FTA
South Korea's trade negotiator on Saturday welcomed his U.S. counterpart's remarks ruling out amendments to the just-signed free trade agreement (FTA), saying they were a clear message to Congress.
Koreans at the first US Social Forum sign anti-FTA resolution
Koreans from all over the U.S. and abroad at the first ever U.S. Social Forum marked the official June 30 signing of the Korea-U.S. Free Trade Agreement (FTA) with an “anti-FTA signing ceremony”. Leaders of people's movements from Korea and the U.S. spoke out against the devastating consequences of NAFTA-style free trade.
South Korea, US sign free trade deal
The United States and South Korea signed a free-trade agreement Saturday that reflected US calls for stricter labor and environmental standards.
Korea should not ratify FTA
Korea and the United States have finalized the free trade agreement (FTA) between them and officially sign the actual document today. Given its social and economic influence and the problems the FTA will present, issues that have become apparent in the course of the release of the initial draft after it was first finalized in April, and then in the course of the renegotiations, Korea stands to lose more than it will gain. We urge the National Assembly not to ratify the agreement.