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Korea


Inaugurating the Center for National Movements against the South Korea-US FTA
Unless this FTA is blocked, Korean economy, nay, the whole Korean society will soon fall under US unilateralism built upon transnational capital, Korea-US military alliance, and of course the new gained strategic flexibility of the US forces in Korea.
Japanese govt to propose big Asian free-trade zone
The Japanese government plans to propose the formation of an Asian free-trade zone which could include half the world’s population and rival the EU and NAFTA, an official of the trade ministry said.
All-People Struggle against FTA declared in S. Korea
Representatives of south Korean civic and social organizations reportedly called a press conference on March 28 to declare the inauguration of the "Headquarters of the All-people Movement for Checking the Conclusion of FTA."
Former presidential aide slams FTA talks with US
A former aide to President Roh Moo-hyun on Tuesday denounced the president’s push for a free trade agreement (FTA) deal with the United States as a "grave blunder" that could endanger the Roh regime and the entire Korean economy.
Korea wants FTA with Latin America
South Korea hopes to establish free trade agreements (FTAs) with other Latin American and Caribbean countries following one with Chile, Vice Finance and Economy Minister Kwon Tae-shin said Sunday.
Korea-Chile FTA boosts agricultural imports
Some experts like Choi Sei-kyun, a research director at the Korea Rural Economic Institute, underlined in his latest research report that it is still too early to gauge the effect of the bilateral free trade deal on domestic farmers, despite the relatively rapid rise in Chilean agricultural imports.
’Spring struggle’: Industrial peace determines nation’s economic future
The Korean Confederation of Trade Unions (KCTU) has announced it would stage a general strike in April 3-14 in protest of parliament’s passage of a bill that labor thinks unfavorable to irregular workers and the government’s "labor road map," followed by walkouts of some industrial unions. KCTU also opposes the Korea-US free trade agreement, while calling for the provision of free medical and educational services.
Possible Korea-Japan FTA could hurt conglomerates
Even big Korean conglomerates may feel the blow if Seoul and Tokyo ink a free trade agreement, according to a report by the Korea Institute for International Economic Policy.
Civil society, trade and the US-ROK relationship
Remarks by Alexander Vershbow, US Ambassador to the Republic of Korea
FTA to cut auto sales
A free trade agreement between South Korea and Japan is expected to reduce domestic sales of local carmakers by up to 226,000 units annually.
US FTA set to impact entertainment industry
Korean culture and entertainment industries will suffer considerable damage from a Korea-US free trade agreement (FTA), a local think tank warned Friday.
’Fisheries could lose W80 billion under US FTA’
Once tariffs are removed under a putative free-trade agreement with the US, Korea’s domestic fishing industry could lose between W51.1 billion (US$51 million) and W84.9 billion (US$87 million).
FTA Watch statement: In support of Korean people’s struggle against the Korea-US FTA
Although Thailand and South Korea are different in terms of development, people in both countries share a common demand for the protection of their right to affordable medicines and treatment.
Govt eyes FTAs with China, Indonesia, Japan, Korea
The Indian government said it is looking at the possibility of Free Trade Agreements with a host of nations including Japan, China and Korea, with a view to increase India’s trade with the Asian countries.
US industry’s free trade wish list
With Korea-US Free Trade Agreement (FTA) talks scheduled to start in May, representatives from US industries bombarded the US government with their own wishes for a Korea-US FTA, asking the government to open the Korean service market and eliminate market regulations.
Swiss set course to free trade
Parliament is due to discuss a free-trade accord between Switzerland and South Korea - the latest such deal aimed at liberalising economic ties abroad.
Korea set to drive hard bargain on shipping, textiles in FTA
South Korea should call on the United States to remove protection for its shipping industry and lower tariffs on textile and clothing imports in order to counter Washington’s demands at the upcoming free trade talks, a state-run think tank said Thursday.
Korea, ASEAN fail on FTA terms
South Korea and the Association of Southeast Asian Nations (ASEAN) failed to agree on some details in the 10th round of their free trade agreement (FTA) talks this week, the country’s Agriculture Ministry said Friday.
Trade deals we need to close
This week US Trade Representative Rob Portman announced that the Bush administration will pursue free-trade talks with Malaysia. Last month talks on a free-trade agreement (FTA) were inaugurated with South Korea. In a global economy awash in trade deals designed to open markets and build alliances, FTAs with these countries are particularly desirable.
US envoy upbeat on trade talks
Wendy S Cutler of the Office of the US Trade Representative said yesterday she was optimistic about a successful conclusion of free trade negotiations between the United States and Korea.