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US preparing to revisit trade pact with South Korea
US officials are preparing for talks with South Korea to address autos and other concerns that have blocked approval of a bilateral free trade agreement, the top US trade official said on Tuesday.
S. Korea has already conceded enough in KORUS FTA
The debate surrounding the South Korea-U.S. Free Trade Agreement (KORUS FTA) is growing stronger. President Lee Myung-bak’s suggestion of a possibility of renegotiation of the auto trade clauses in the agreement during the South Korea-US summit press conference has set it off.
President Lee hints at renegotiations on FTA auto trade clauses
While speaking on the Korea-U.S. Free Trade Agreement (FTA), President Lee Myung-bak hinted Thursday that he would consider engaging in additional negotiations in the automobile sector if the U.S. requests it. President Lee’s statement is expected to cause controversy.
SKorean farmers protest against free trade with US
More than twenty thousand South Korean farmers rallied on Tuesday to denounce free trade with the United States, ahead of US President Barack Obama’s visit to the country.
Obama to discuss with President Lee timetable for Korea FTA’s ratification: White House
U.S. President Barack Obama will discuss the timetable for the ratification of the pending free trade deal with South Korea when he visits Seoul next week, a senior aid to Obama said Saturday.
Discord Rising in US Over FTA With Korea
U.S. President Barack Obama arrives in Korea on Nov. 18, but discord over the ratification of the bilateral free trade agreement with Korea is rising in the U.S.
US Seeks Wider Access to Korean Auto Market: White House
The United States Friday repeated its call on South Korea to make concessions for a wider opening of its auto market so the U.S. can ratify a pending bilateral free trade agreement, Yonhap News reported..
Congressmen urge Obama to expedite Korea FTA
A bipartisan group of Congressmen has urged U.S. President Barack Obama to expedite the process for the ratification of a free trade deal with Korea pending for more than two years, the Yonhap said.
Court keeps records on FTA with U.S. sealed
Accounts of free trade negotiations between Korea and the United States must be kept secret, a Seoul court ruled yesterday.
Korea won’t budge on U.S. FTA: official
Korea "will not and cannot accept" any request by the U.S. government to revise the bilateral free trade agreement signed in June 2007, an official at the Ministry for Foreign Affairs and Trade in Seoul said yesterday.
USTR releases preliminary analysis of Korea-EU free trade agreement
There is no investment chapter or investor-state dispute settlement provisions in the Korea-EU FTA (competency for investment matters rests with the individual EU Member States), whereas KORUS features investor protections.
AMCHAM chief rules out FTA renegotiation
The new chief of the American Chamber of Commerce in Korea said Monday that the long-stalled Korea-US free trade agreement will not undergo renegotiation, but didn’t rule out "further bilateral discussions" regarding provisions related to the auto sector.
US does not have timeline for KORUS FTA’s ratification: Cutler
President Barack Obama has expressed concerns about an imbalance in auto trade and restricted shipments of US beef.
USTR gets over 500 public comments on Korea, Colombia FTAs: Kirk
The United States Trade Representative Office has received more than 500 public comments on the pending free trade agreements with South Korea and Colombia, U.S. Trade Representative Ron Kirk said Tuesday.
Fresh look at US-S.Korea FTA
The United States said on Monday it was taking a fresh look at whether South Korea is giving US automakers enough access under a draft free trade agreement, which has been stalled by disputes.
Domestic Manufacturers Object to Trade Remedies Provisions in Proposed U.S.-Korea Free Trade Agreement
The Committee to Support US Trade Laws and its affiliated organizations today submitted comments to the Office of the US Trade Representative regarding the proposed US-Korea Free Trade Agreement, strongly objecting to the antidumping and countervailing duty provisions of the section on trade remedies
Korean move good news to US pork producers
It may be an understatement to say the national Pork Producers Council is happy with the decision of Korea to inspect only a sample of US pork exports rather than 100% of them and to lift a ban on live hog imports from the United States.
The South Korea-US trade deal: No time soon
Those expecting the US Congress to ratify the trade pact with South Korea any time soon are going to be badly disappointed. The trade pact is not even on the political radar screen at the moment and the Obama administration would like to keep it that way.
Bush regrets delay in FTA ratification
Bush attributes the delay in the ratification of the Korea-US FTA to protectionism in Washington
US, SKorea to address free trade pact concerns
The Obama administration is carrying out a thorough review of the agreement formulated during President George W. Bush’s term and will be consulting "extensively" with Congress and other stakeholders, officials sa