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Korea

Toughest issues remain in South Korea-U.S. free trade talks
4-Sep-2006
Rough sailing is anticipated in free trade agreement talks with the United States that resume in Seattle this week, with rice and other sensitive issues expected to be taken up for the first time, South Korean officials said Sunday.
Seattle police to ask FTA protesters for calm
4-Sep-2006
The chief of Seattle’s police department will meet South Korean media on Tuesday to ask protesters planning demonstrations over free trade talks this week to refrain from violence.
A fair shake: South Korean activists seek “mini-WTO protest” at trade talks
4-Sep-2006 Real Change
The mass protests that took place against the World Trade Organization in 1999 might stop some nations from scheduling a round of free-trade talks in Seattle. But not South Korea.
Eli Lilly’s CEO calls for Japan-US Economic Integration Agreement
31-Aug-2006 Eli Lilly and Company
Eli Lilly and Company chairman and CEO, Sidney Taurel, today made the case for a Japan-US Economic Integration Agreement, and urged private groups to help lay the groundwork for such a free-trade deal. He also expressed optimism regarding a favorable conclusion of the US-Korea negotiations over a free-trade agreement, arguing that "both sides understand the symbolic as well as the practical benefits of what they are trying to accomplish."
Another FTA issue looms: state-assisted banks
31-Aug-2006
The third round of South Korea-U.S. free trade agreement (FTA) talks will begin September 6 in Seattle, and observers expect Washington to demand that Seoul cease giving aid to certain financial institutions, including government-run banks.
FTA, KORUS FTA and challenges of the labor movement
31-Aug-2006 KCTU
I am going to provide in this writing laborers’ perspectives towards the KORUS FTA; what lies in its core, why it is so problematic, and what kinds of consequences it will bring about. In addition, although not perfect, I am going to show how the Korean labor movement should respond to the KORUS FTA and deal with its challenges.
Report on future Korean trade deal under fire
30-Aug-2006 Embassy
Two months after voting for its release, opposition MPs are still waiting for an Industry Canada study outlining the impacts a proposed free trade agreement with the Asian nation would have on Canada’s car manufacturing and ship-building industries.
Farmers plan FTA protests in Seattle
30-Aug-2006 Korea Times
More than 100 South Korean farmers and activists will go to Seattle next week to stage rallies against a free trade agreement (FTA) between Seoul and Washington, a chief organizer told Yonhap News Agency yesterday.
Market opening to hit local fund managers
29-Aug-2006
Local asset management companies are closely monitoring the ongoing free trade agreement (FTA) talks between South Korea and the United States, wary of the latter’s demand for easier access to the domestic fund market.
Korea’s third FTA effective next month
28-Aug-2006
South Korea’s free trade agreement (FTA) with four non-EU members will go into effect next month.
’Caution required for cross-border services’
28-Aug-2006
A financial research institute urged Korea to take a cautious approach in allowing cross-border insurance brokerage services as it would be harder to protect local consumers from potential damages.
Thailand hopes to resume FTA talks with S. Korea before next Asean Summit
26-Aug-2006
Thailand, the sole Asean country yet to sign the grouping’s Free Trade Agreement (FTA) with South Korea, hopes to resume negotiations with Seoul before the Asean Summit in Cebu in December.
US: No plans to begin new trade talks
25-Aug-2006
The United States has no plans to begin new bilateral free trade negotiations with other nations, and will focus on successfully concluding the four it is actively pursuing, Washington’s top trade envoy said Friday.
ASEAN countries accept N. Korean park in free trade deal with S. Korea
25-Aug-2006
ASEAN countries agreed to accept South Korea’s request to recognize some products from a North Korean industrial park as South Korean as part of their plan for a free trade pact, officials here said Thursday.
Korea seeks to keep 288 farm products out of FTA
24-Aug-2006
Korea has asked the US for “exceptional treatment” of 288 agricultural products or 20 percent of 1,452 agricultural items in their planned free trade agreement, a high-ranking government official said Wednesday.
Korea, Thailand- rice issue not resolved
24-Aug-2006
Thailand and South Korea failed Thursday to reach an agreement in negotiations into the issue of rice trade between the two nations, impeding the implementation of a regional trade pact between Southeast Asia and Seoul.
KoA Newletter#2 - KoA - The 3rd Round of Korea-US FTA Talks coming...
23-Aug-2006 KOA
The third round of talks over the Korea-U.S. FTA will be held in Seattle in the United States -a famous battleground of the WTO protests in 1999-from 6th to 9th September.
Senators demand US retain tariff on S Korean autos even after FTA
23-Aug-2006 Asia Pulse
Two US senators proposed a bill demanding the United States retain the existing import tariff on South Korean automobiles regardless of a future trade agreement as a way to pry open the Asian trade partner’s market.
The 3rd round of Korea-US FTA talks coming...
23-Aug-2006 KoA
The third round of talks over the Korea-U.S. FTA will be held in Seattle in the United States — a famous battleground of the WTO protests in 1999 — from 6th to 9th September.
35 Uri lawmakers urge Bush to include Kaesong goods in FTA
22-Aug-2006
A group of 35 governing Uri Party lawmakers Tuesday called on US President George W Bush to include products from an inter-Korean industrial park in a free trade agreement (FTA) between South Korea and the US.