ISDS Case Map
US
On 10 June 2008, Korean social movements resisting the re-opening of their country's borders to US beef under a bilateral deal signed by the two governments are holding a watershed rally where they aim to get one million people in the streets.
During the FTA negotiations, the US pushed hard for Australia's local content laws to be removed. When Australia retained them, it was heralded as a victory for Australian culture. The reality is somewhat different. By freezing requirements at current levels, the agreement removes the Australian Government's ability to determine how best to regulate local content.
The South Korean government says it will return or destroy all US beef from cattle older than 30 months in the process of its import quarantine if private sectors in both South Korea and the US voluntarily reach an agreement to impose an age limit in their beef trade. This would run directly counter to the US-Korea beef import deal signed in mid-April.
The Bush administration, whose major political funding sources allegedly involve ranchers, is likely to urge China and Japan to "fully" open their beef markets, citing the negotiation results with South Korea.
Korean public opinion wants a complete scrap of the April 18 beef deal with the US. The scale, intensity, and variety of participants in the street protests continue to grow. The mood is like a “Second June Struggle,” the June Struggle of 1987 having been a significant event in Korea's democracy movement. However some say that the May struggle for nullification of Beef deal has a lot of significant signs that differ from 1987 democracy struggle. These actions are creating New democracy.
A senior government official indicated Thursday that the Korean government would not ask the United States to renegotiate the beef import deal. Opposition parties and the majority of the people, however, want the renegotiation.
As the principal negotiator for the landmark market access agreement that led to China's accession to the World Trade Organization (WTO), I have reflected on whether the agreements we negotiated really lived up to our expectations. A sober reflection has led me to conclude that those trade agreements did not.
The US presidential election in November will be a face-off between Democrat Barack Obama and Republican John McCain. Following are some of McCain's and Obama's main positions on trade -- an issue that has become contentious during this election cycle.
The plan called for US exporters to voluntarily limit exports of beef from cattle older than 30 months
The sense in Washington is that Congress will either vote against ratifying the US-Korea FTA or will simply not vote on it at all. Bush has yet to send it to Congress for ratification, and he's getting advice on all sides to drop it, to let it slide into the next administration.
