ISDS Case Map
US
Kim Jong-hoon, the trade minister at the Ministry of Foreign Affairs and Trade, said yesterday that there would be no renegotiations or changes made to the original Korea-United States Free Trade Agreement.
We remain deeply concerned about and strongly opposed to the U.S.-South Korea trade agreement as negotiated by the Bush Administration. The agreement would exacerbate our already lopsided trade relationship with South Korea, putting at risk thousands of good U.S. jobs in the auto, steel, and other industrial sectors.
Experts say measures implemented after the 2008 candlelight vigil demonstrations may be sacrificed for ratification of the KORUS FTA
The American Chamber of Commerce in Shanghai has urged the United States to depoliticize its regulatory process of identifying investment deals chosen for review, to boost Chinese outbound investment in the US.
At the South Korea-US summit in Toronto on Saturday, Presidents Lee Myung-bak and Barack Obama reached agreement on two major issues: a delay in the transfer of wartime operational control (OPCON) and “adjusting” the South Korea-US Free Trade Agreement (KORUS FTA). Criticism is mounting that a trade was made between the two.
The US said at the weekend it will seek to complete a long-stalled trade deal with South Korea, while the G8 acknowledged deep troubles in global trade talks by shifting the focus to bilateral pacts.
The US meat industry is doing all it can to get ratification of pending US trade agreements, so it can sell more product overseas (just when the US Department of Agriculture is calling on US residents to lower their meat consumption to improve health).
A second round of negotiations towards the Transpacific Partnership Trade Agreement (TPPTA) is taking place this week in San Francisco. New Zealand is one of eight parties along with the US, Australia, Singapore, Chile, Peru, Brunei and Vietnam, and others may join.
Key members of the United States food industry have come out in support of comprehensive free trade deal including New Zealand.
US president Barack Obama modified the provisions in the Central America-Dominican Republic Free Trade Agreement (Cafta) to allow imports of sugar from Costa Rica starting today.
