A star-studded film about two brothers caught on opposite sides of the Korean War broke all box-office records here this year.
South Korean and American business leaders on Friday agreed to urge their respective governments to step up efforts to form a free trade agreement (FTA) between the two nations and seek growth engines.
A bilateral investment treaty between the United States and Korea appears likely by the end of this year, paving the way for a free trade agreement between both the nations, said Maurice R. Greenberg, chairman of the U.S.-Korea Business council.
North Korea has signed a banking pact with Vietnam as it moves
to boost bilateral trade with a fellow communist country, an official
from North Korea’s embassy in Hanoi said today.
After a protracted courtship, Korea and Japan finally agreed last month to start negotiations on a bilateral free trade agreement (FTA).
In contrast to the recent push for adopting a free trade agreement (FTA) with Chile, leading business organizations, including the Federation of Korean Industries (FKI) and Korea Federation of Small Business (KFSB), take a cautious approach to back ongoing FTA talks with Japan.
In July 2002, Japan and Korea established a Joint Study Group,
composed of representatives from the government, business and academia of
both countries, to appraise the possibility of establishing the Japan-Korea Free
Trade Agreement (JKFTA).
The Federation of Korean Industries (FKI) on Friday proposed that the government take a cautious approach to the ongoing Korea-Japan free trade agreement (FTA) talks, demanding a delay of in the schedule for cutting tariffs on Japanese imports.
South Korea’s parliament braved the wrath of a powerful farm lobby on Monday to pass a free trade agreement with Chile, the Asian trading powerhouse’s first bilateral market-opening deal.
Between 20th and 24th December, representatives from the two countries will meet in Tokyo and finalise the text of the BIT that has been under much criticism from peoples’ movements of both Korea and Japan.