ISDS Case Map
Korea
South Korea and the European Union made good progress this week in their first round of negotiations to forge a major free trade pact, chief negotiators from both sides said on Friday, but they conceded sensitive issues were barely touched.
South Korea and the European Union were to wrap up their first round of free trade talks Friday with Seoul's negotiators expressing satisfaction over the week-long negotiations, but conceding sensitive issues were barely touched.
The American Insurance Association recently strongly praised the work of US trade negotiators who successfully concluded their talks on a Free Trade Agreement with Korea that will provide significant commercial gains for both countries.
The top U.S. diplomat urged Congress to approve the free trade agreement (FTA) with South Korea, saying failure to do so would send "a disastrous signal" to a region where the U.S. has to anchor peace and prosperity.
A free trade pact with the European Union (EU) is expected to hurt South Korea's alcoholic beverage, meat and dairy sectors, a report by Nonghyup Management Institute, a semi-official research institute. said Monday.
Bilateral free trade agreements do not contradict efforts to forge a multilateral deal under the World Trade Organization but instead help fill key gaps, the European Union trade chief said Sunday in announcing the start of two-way negotiations with South Korea.
Upcoming presidential and parliamentary elections in South Korea cast uncertainties about the ratification of a free trade agreement (FTA) with the United States despite encouraging poll results in recent days, a US congressional report said.
South Korea and the United States are scheduled to disclose the full text of their free trade agreement (FTA) around May 20, a top aide to President Roh Moo-hyun said Thursday.
South Korea and the United States have yet to ratify a bilateral free trade agreement (FTA), but South Korean beef producers are already in a state of collapse. Wholesale prices of South Korean beef, or hanu, continue to plunge as producers dump beef on the market, fearing over an influx of American and Canadian beef.
Canadian exporters are facing discrimination in Latin America and elsewhere because of exclusive trade pacts the United States has with those countries, Trade Minister David Emerson has complained.
