US


Experts warn of inflated hopes for Korea-US FTA
A free trade agreement between Korea and the US is expected to bring substantial challenges as well as opportunities for the Korean economy. The manufacturing industry led by textiles, cars and electronics will see exports increase, but agricultural, fisheries and the service industry will at the very least have undertake structural reforms to survive.
S Korean farm sector to suffer huge damage from US FTA: report
A free trade pact with the United States would deal a hard blow to South Korea's agricultural sector and cause estimated losses of up to 8.8 trillion won (US$9.39 billion), a Korea University report showed Wednesday.
Bush trade strategy backfires as chances of global pact recede
President George W Bush's strategy of using individual accords as stepping stones to a unified, global system of trade may be backfiring.
White House axes free trade talks with Ecuador
The Bush administration announced Tuesday it has broken off negotiations on a free trade agreement with Ecuador after that government's decision to annul an operating contract with Occidental Petroleum Corp.
Ecuador sends military to seized oil facilities
Ecuadorean President Alfredo Palacio sent troops to guard oil facilities seized from Occidental Petroleum Corp. as they are transferred to state control, officials said Tuesday.
Trade deal to bring harsh competition to Vietnam
Vietnam's trade deal with the United States -- meant to facilitate Vietnam's accession to the WTO -- lowers Hanoi's tariffs on US industrial and farm products and removes other barriers that block US companies in the telecommunications, retailing, banking, insurance and energy sectors.
Bad blood over FTA
Australia's monopoly blood processor, CSL, has backed Red Cross calls for a ban on plasma imports and warned against opening up the nation's supply network to overseas companies.
Korea completes draft for FTA with US
Reducing or scrapping the 40 percent tariff on beef imports will be on the agenda at FTA negotiations with the US scheduled to start on June 5, the Ministry of Foreign Affairs and Trade said Monday, under first drafts Korea and the US have completed.
MTMA optimistic on govt's free trade agreement with US
The Malaysian Textile Manufacturers Association (MTMA) is optimistic on the International Trade and Industry Ministry's effort to launch a free trade agreement (FTA) with the United States (US).
Honest approach required in Korea-U.S. FTA negotiation
I read an article by Woo Seok-gyun, an official from the Korea Federation of Medical Groups for Health Rights (KFHR), regarding the Korea-U.S. Free Trade Agreement (FTA) negotiation on medical care and education. Mr. Woo described the upcoming negotiation as a 'game of truth' by the government.