One of the main purposes of the US in bilateral negotiation is to level up the enforcement of IPRs, especially enhanced enforcement provisions that the US sought but failed in achieving at the TRIPS negotiation.
The provisions for civil enforcement are to ensure to the maximum extent the economic interests of IP holders. For the full compensation for them, KORUS intervenes the way to calculate the amount of damages.
Soon after the signing of the Korea-US FTA (“KORUS”) in June 2007, South Korea experienced a dramatic increase of complaints of copyright crime from 2007.
The Philippines and South Korea are poised to conclude a bilateral free-trade agreement (FTA) one month ahead of the November target, as both parties are making significant progress in market access negotiations.
The official statement from the RCEP Ministerial Meeting held on August 2-3 said the RCEP talks “must keep the momentum towards concluding negotiations within the year.” But actual progress of the negotiations is slow.
Reportedly, Berjaya, Malaysian investor initiated ISDS dispute against South Korea.
CSOs call for Trade Minister of South Korea should not undermine the ISDS reform objectives pursued by the Prime Minister
South Korean government plans to seek a revision of labor laws in a way that will strengthen workers’ right to organize as it pushes for a parliamentary ratification of key international labor standards.
Media reports from South Korea have suggested that South Korean Prime Minister Mr. Lee Nak-Yeon is considering abolishing ISDS from Korean Trade agreements.
Israel media have revealed that the new South Korea-Israel Free Trade agreement will exclude goods produced in the occupied territories of Jerusalem and West Bank and the Golan Heights.
The presidents of South Korea and Israel agreed to push for an early deal in talks on a bilateral free trade agreement (FTA) during a summit in Seoul.
The Philippines Trade Secretary expects to open up the South Korean market to more Philippine products other than traditional agricultural goods, with the free trade deal which is targeted to be signed this November.
South Korea and the United States on Tuesday held their first formal consultations on competition-related issues under their bilateral free trade agreement.
The European Commission’s request to convene a panel of experts in its dispute with South Korea over labor issues means that South Korea is becoming a major global test case.
The South Korean government has stopped its discussion on joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).
The South Korean government will initiate the third trade agreement (TA) talks with four member nations of South American trade bloc Mercosur on Friday (local time) in Montevideo, Uruguay, to seek ways to increase exports to the countries.
Argentina is talking with Brazil about free trade deals with the United States and China, Macri said, also underlining progress on trade deals with Canada, South Korea and Europe.
South Korea will hold the second round of negotiations with Chile on revising their bilateral free trade agreement that went into effect in 2004.
The Mercosur trade bloc is in talks with other countries including Canada and South Korea regarding new trade agreements.
The South Korean and Malaysian governments declared the initiation of bilateral FTA negotiations on June 27 and will be going to complete the negotiations by November this year.