South Korea should pay more attention to reducing the fallout from its free trade deal with the U.S. since it is linked to national interest, Seoul's farm minister nominee said Wednesday.
Representatives from Australia's internet industry have called for full disclosure of a proposed free trade agreement between the United States and its allies in the Pacific, concerned that the deal asks ISPs to shoulder onerous burdens around copyright infringement.
The free trade deals with South Korea, Panama and Colombia will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.
Sohn Hak-kyu, chairman of the main opposition Democratic Party, said on Wednesday that he would object to a bill to ratify the free trade agreement with the United States.
A top senator said on Wednesday he expected Congress to soon pass a free trade agreement with Colombia despite the continued strong opposition of the largest U.S. labor group.
Kevin Gallagher demonstrates that the "reworked" US-Colombia agreement has not been reworked to reflect the need to ensure that nations have the ability to prevent and mitigate financial crises.
The Obama administration will request consultations with Korea on the possibility of wider access to the Korean beef market once their pending free trade deal comes into force.
The Cabinet agreed to revoke a ratification bill for the South Korea-U.S. free trade agreement on Thursday as multiple translation errors were found in the Korean text of the pact, the government said.
The Obama administration Wednesday reiterated that it will soon submit to Congress a pending free trade pact with South Korea, saying similar deals with Panama and Colombia will be sent later.
A local trade group urged the government Monday to quickly implement the country's free trade agreements (FTAs) with the United States and the European Union, saying the country is still far behind the global average in terms of FTA-generated trade.