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Korea


South American bloc’s new trade appetite has suitors calling
Mercosur is negotiating with South Korea, Canada and Singapore, while Indonesia and Vietnam are possible candidates. Plus, a deal with the European Free Trade Association is in its final stages.
Regional MPs call for greater transparency of RCEP negotiations
As ministers of the member countries of the RCEP meet for final negotiations over the trade agreement this week, regional lawmakers today expressed concern about the lack of parliamentary and public oversight of the deal, as well as its potential human rights impacts.
Cambodia seeking trade deals with developed nations
Cambodia is taking steps to negotiate FTAs with South Korea and the Eurasian Economic Union and will sign a trade deal with China.
Much improved FTA terms with Korea seen
The Philippines expressed optimism to conclude in April this year a much improved offer by South Korea in the proposed bilateral free trade agreement (FTA).
South Korea to sign RCEP with or without India
South Korea will sign the Regional Comprehensive Economic Partnership (RCEP) pact with ASEAN countries, China, Japan, Australia and New Zealand in November 2020, irrespective of India’s participation, claims a media report.
S. Korea eyes further economic cooperation with India
Consider India as the key partner of the country’s New Southern policy, South Korea need to further beef up the economic cooperation.
Chengdu Trilateral Summit still to deliver
The fact that China, Japan and South Korea (CJK) engaged in an agreed-upon trilateral summit framework, and bilateral dialogues on the sidelines, was no small achievement given heightened tensions between the three countries.
S. Korea, Mercosur bloc hold 5th round of FTA talks
South Korea held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.
India keen to keep future FTAs with RCEP nations less ambitious
Countries such as Australia, New Zealand, South Korea and Japan are among the first ones with which India is ready to consider individual agreements to begin with.
Cambodia and EBA deal: Challenges and responses
Cambodia has been actively looking for alternative markets in China, South Korea and the Eurasian Economic Union (EAEU) in recent months.
Seoul, Manila to hold 5th round of FTA talks
South Korea plans to hold the fifth round of talks with the Philippines on a bilateral free trade agreement this week, with a goal of concluding the deal this year.
Farm goods trade deficit likely to widen on FTAs: report
South Korea’s trade deficit in the agricultural segment is expected to widen this year as imports of farm goods are set to expand at a faster pace than exports on the back of the country’s free trade agreement (FTA) networks.
The EU’s toothless trade policy
The EU Commission fails to enforce trade agreements’ social and environmental norms. Just look at the case of South Korea.
S. Korea, Panama hold policy consultations on bilateral ties, trade
South Korea signed the FTA with Panama and the four Central American countries — Honduras, Nicaragua, Costa Rica and El Salvador — which have already finished the domestic procedures for the agreement.
S. Korea vows to bolster economic cooperation with Russia, Mongolia
South Korea plans to bolster economic ties with Russia, Mongolia and other Central Asian nations and use the momentum to buttress recovery of the export-driven economy.
S. Korea, China, Japan divided over open data in trilateral FTA talks
South Korea, China and Japan have made some progress in negotiations on a free trade agreement (FTA) following the trilateral summit held late last year.
S. Korean firm to request arbitration in investor-state dispute with US government
KTurbo claims US government violated terms of KORUS FTA, after US court judged that the company violated place of origin rules.
S. Korean investment agreements allow paper companies to request international arbitration
South Korea has concluded no fewer than 99 investment agreements that allows paper companies to take advantage of investor-state dispute system.
KTurbo Inc. v. United States of America
KTurbo Inc. served a notice of intent to submit a claim to arbitration under Chapter 11 of the US-Korea Free Trade Agreement.
RoK seeks stronger ties with ASEAN to accelerate RCEP
The Republic of Korea (RoK) will spare no efforts to help conclude the RCEP by the end of this year by forging deeper ties with the ASEAN, as the country strives to revitalise its ailing exports