ISDS Case Map
Korea
India has asked Japan and South Korea to renegotiate their free-trade agreements (FTAs) with the South Asian nation to make it “more balanced and equitable”, India’s trade minister said amid a widening trade gap with the countries.
Korea has filed a suit asking a court in Britain to cancel an order by an international tribunal to pay nearly $108 million (136 billion won) to U.S.-based hedge fund Elliott Investment Management.
A new round of official negotiations for the U.S.-led Indo-Pacific Economic Framework (IPEF) has begun in Korea's southeastern port city of Busan.
Brazilian President wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and Singapore, while aiming to increase commerce with other countries in Latin America and Asia.
South Korea has been ordered by the International Centre for Settlement of Investment Disputes to compensate hedge fund Elliott approximately $108.5 million concerning the 2015 merger of two Samsung subsidiaries.
10 ISDS (investor-state dispute settlement) cases were filed against the Korean government and five of them are currently pending.
Korea will push to clinch a bilateral pact on digital trade with the European Union to facilitate trade in the digital realm and to enhance industry cooperation, the industry ministry said.
The signing of a free trade agreement (FTA) between the Philippines and South Korea is still feasible this year, according to Trade Secretary Alfredo Pascual.
South Korea called on the European Union to ensure its new acts on batteries, critical minerals and net-zero goals are not discriminatory against foreign companies, as the two sides seek to enhance trade and industry ties, Seoul's industry ministry said.
South Korea has officially acceded to the Digital Economy Partnership Agreement, becoming the first member country outside of its founding partners, Seoul’s Trade Ministry said.
