ISDS Case Map
Korea
Concerns and worries are arising about overlooked clauses of the free trade agreement as the initial elation on the successful settlement wanes over time.
Several anti-FTA rallies are to take place in central Seoul this weekend, and clashes between protesters and police, and traffic jams are expected.
Automakers yesterday said they were hopeful a free trade agreement between South Korea and the US will prove a boon to their industry, but added they were taking a cautious approach until the deal gets final approval.
As official talks on a free trade agreement (FTA) between South Korea and the U.S. have been completed, attention is focused on possible trade negotiations between Korea and other nations, such as the European Union and China.
South Korea has no plans to renegotiate a free trade agreement (FTA) with the United States, a high-ranking government official said Friday.
"We will most probably see a swifter resolution of the FTA talks, compared with the Korea-US FTA, since there are less sensitivity issues between the two sides," Jurgen Wohler, secretary general of the Korea-German Chamber of Commerce and Industry, said. He added that it would be satisfactory if the Korea-EU FTA is agreed upon on a similar level to the KORUS FTA.
Chinese Premier Wen Jiabao said Thursday he will seek to speed up the process for a free trade agreement when he visits South Korea next week.
The Korea-US free trade agreement (FTA) will increase the number of irregular workers and jobless, according to experts and unionists.
Beef from Canadian cattle cannot be imported under the free trade pact with the United States, a Korean Agriculture Ministry official said Thursday.
Discouraged by the April 2 settlement of the US-Korea free trade agreement (FTA), a Korean farmer fired upon several others, killing one and injuring another two.
