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Korea


Dreaming of a different kind of FTA
NGOs such as the Oxford Committee for Famine Relief suggest a new FTA as an alternative of unfair trade situations. The new FTA is not a free trade agreement, but rather a "fair trade agreement."
’Banks need to prepare for FTA’
A free trade agreement with the United States could have a profound impact on the regulatory environment of the Korean banking sector and reshape the industry’s landscape, a think tank said yesterday.
Korea, US fail to complete second FTA talks
The second round of formal free trade talks between Korea and the United States ended earlier than scheduled today, suggesting that the talks may have reached an impasse.
US boycotts discussions on medicines in FTA talks with S Korea
Negotiators from the United States have boycotted discussions on medicines in free trade talks with South Korea, in an apparent protest against Seoul’s new drug-pricing move, Seoul’s chief negotiator to the talks said Thursday.
Korea, India to hold free trade talks
Although the free trade agreement with the United States has been receiving the lion’s share of the nation’s attention, South Korea and India will continue free trade talks next week to discuss the timetable and extent of tariff reductions, Korea’s Ministry of Agriculture and Forestry said Thursday.
Agreement scarce, dispute persists in SK-US free trade talks
South Korea and the US have agreed to establish a standing committee on sanitary standards for agricultural and food products, which will make it easier for the US to ask for expanded trade of genetically modified crops. However, negotiations on pharmaceuticals have hit a snag, with neither side willing to budge.
Massive anti-FTA protests paralyze Seoul
Massive protests against free-trade talks between Korea and the U.S. paralyzed traffic in downtown Seoul on Wednesday.
Massive rally planned against FTA
US "economic colonization," "undemocratic," and a "path toward a miserable future for Korean citizens." These are the basic views held by Korean opponents of the free trade agreement that the Roh Moo-hyun government is pursuing with the United States.
Korean bishops warn against US FTA
In a message for the Church’s Farmers’ Sunday this week, Korean bishops and farmers have warned against the destruction of the local farming sector as a result of a Free Trade Agreement with the US.
Employers up against anti-FTA strikes
The Korea Employers Federation Monday called for an end to “illegal” strikes aimed at thwarting the establishment of a free trade agreement between Korea and the United States.
Anti-FTA protesters scuffle with police in Seoul
About 100 anti-globalization activists, some from the US, clashed briefly with police in Seoul Monday, as they protested against talks aimed at concluding a free trade agreement between South Korea and the US.
Nation faced with split due to free trade agreement
Voices against the South Korea-U.S. free trade agreement (FTA) are increasingly being raised ahead of the second round of FTA negotiations, due to be held in Seoul on July 10. The voices of protest are not getting louder because Seoul is the venue of the negotiations.
Protests to intensify over FTA
As Korea resumed its talks with the United States over a proposed free trade agreement (FTA) yesterday, anti-globalization activists also made their presence felt, organizing scattered demonstrations in Seoul calling for the government to withdraw from the negotiations.
Korea could drop Kaesong goods in FTA talks with US
The government could give up trying to persuade the U to recognize products from the inter-Korea Kaesong Industrial Complex as made in South Korea in free trade negotiations. “It has become impossible to win Washington’s consent about the Kaesong issue because of North Korea’s sudden missile launches,” an official here said.
FTA negotiations
Given the constitutional right to freedom of expression, there is nothing wrong with critics voicing opposition to a free trade agreement being negotiated with the United States. Actually, many of them get their anti-FTA message across by contributing articles to news media, appearing on public forums or exploiting other legitimate channels to their advantage.
Korea-EU FTA promoted at luncheon
A special luncheon was held in downtown Seoul on July 4, 2006 to explain the advantages and disadvantages of a Korea-EU FTA. The European Union Chamber of Commerce Korea hosted the event.
Police to counteract violence sternly
The commissioner general of Korea’s National Police Agency said police will sternly counteract possible violent demonstrations against the Korea-US FTA negotiations in Seoul next week.
FTA to boost Korean car exports
More Korean automobiles and more Korean auto parts will roll into the United States if South Korea and the US reach a free trade agreement, government officials and auto industry sources said Thursday.
Majority of S Koreans view FTA talks with US negatively: poll
More than half of all South Koreans have a negative view of their government’s free trade talks with the United States, according to a poll released Thursday.
China to Recognize Kaesong Goods as Made in S.Korea
China will recognize products from the joint-Korean Kaesong Industrial Complex in the North as made in South Korea, a high-ranking government official in Seoul said Monday.