ISDS Case Map
US
Confrontation at South Korea's parliament over a free trade deal with the United States showed no sign of easing Friday, as some opposition lawmakers took to the streets while others continued sit-ins.
The Australia-US Free Trade Agreement (FTA) has just completed its seventh year. The US Bureau of Census calculated that most marriages that end last for eight years - the itch is supposed to begin in the seventh - so the fundamental issue is whether the relationship has been good for both parties.
The South Korean government describes the investor-state dispute system (ISD), introduced by the country for 81 bilateral investment treaties (BITs) formed since 1967, as a means of protecting offshore investments by South Koreans. But South Korea has never once sued another country, nor has the government been sued by a foreign investor. The reason was that none of those treaties was with the United States.
President Lee Myung-bak’s recent visit to the United States set a new political record. Prior to the South Korea-U.S. summit meeting, U.S. Congress passed the implementation bill for the South Korea-U.S. Free Trade Agreement (KORUS FTA) with unprecedented speed. But does President Lee know that the KORUS FTA has no force in the United States whatsoever?
Pig farmers denounced that thus far this year the Agriculture Ministry has approved the import of nearly 6,000 tons of pork meat beyond the amount approved for the entire 2011, violating the Free Trade Agreement’s (DR-CAFTA) tariff quota.
The ruling Grand National Party (GNP) ratcheted up the pressure on the opposition Friday, hinting at the possibility that it will exercise authority to raise the ratification motion for the South Korea-U.S. Free Trade Agreement (KORUS FTA).
The US has spoken out about its desire to unite with Australia, New Zealand, Peru, Singapore, Malaysia, Vietnam and other nations in a powerful trans-Pacific free trade bloc.
Colombia's dairy sector needs government assistance to be able to compete with European farmers, said the president of the national milk producers' association Friday.
South Korean authorities have detained at least 15 people after police clashed with protesters demonstrating against the country’s free-trade agreement with the US.
Taiwan’s private sector needs to pull its weight if government policies aimed at offsetting the impact of the U.S.-South Korea free trade agreement are to succeed, Economic Affairs Minister Shih Yen-shiang said.
