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Canada urges S Korea to remove beef, pork tariffs
Canada has urged South Korea to remove tariffs on beef and pork as part of envisioned bilateral free trade agreement (FTA), government officials said Monday.
Umbrella union vows general strike against S. Korea-U.S. FTA
To express its opposition to a free trade agreement (FTA) that South Korea is negotiating with the United States, one of the nation’s major umbrella unions on Monday vowed to launch a general strike on the day of the talks between the two countries.
Undaunted, Citigroup has eye on Korea
The CEO of the world’s largest financial services company, Citigroup’s Charles Prince, announced that he is not too concerned with the Korean sentiment against foreign assets in Korea, June 29.
Screen quota reduction to begin July 1
Starting July 1, South Korea will reduce the quota for the number of days domestic movies must be screened in local theaters. The move follows a requirement from Washington that the quota be reduced in order to begin free trade negotiations with Seoul.
Legitimate claims for disclosure about FTA negotiations
A public hearing about the free trade agreement (FTA) being negotiated with the United States came to an abrupt end when protesters opposed to the deal interrupted the meeting. It is unfortunate that the hearing could not be an open forum for the exchange of opinion.
Disrupted Debates
The chaotic scene at Tuesday’s public hearing on the Korea-U.S. free trade talks requires serious social reflection. The canceled debate not only highlighted Korea’s vulnerability to conducting crucial negotiations but also revealed its weakness in calm communication and coordination of differing views and interests.
Seoul talks to shape FTA with U.S.
The second round of the free trade agreement talks between Korea and the United States to begin on July 10 is expected to determine the shape and future course of the controversial deal, experts say.
Opposition Seeks FTA Draft
A South Korean minor opposition party filed a complaint against the Ministry of Foreign Affairs and Trade Tuesday, calling for a copy of the original draft of the first proposals for a free trade agreement (FTA) with the United States.
Farmers Disrupt FTA Hearing
Angry farmers and activists effectively disrupted a public hearing on ongoing free trade agreement (FTA) talks between Korea and the United States, Tuesday, leading to their suspension.
Kaesong Issue Could Poison Korea-US FTA
The top U.S. envoy in Seoul has expressed serious concerns about the status of products made in the Kaesong Industrial Complex, North Korea, labeling them ``poison’’ to the currently negotiated free trade agreement (FTA) between South Korea and the United States, a source said Monday.
As US-Korea trade talks begin, Sughrue Mion helps Korean pharmaceutical companies enter US markets
Sughrue Mion PLLC, a leading global intellectual property law firm, announced today that the firm continues to see a strong interest from Korean pharmaceutical companies in understanding the US patent system. As talks kicked-off last week in what is expected to be a fast-tracked bilateral trade agreement between the US and the Republic of Korea, protection of intellectual property and the ability to compete effectively in the US market are even more important.
Chief delegate pursues balance in US FTA
Kim Jong-hoon, the chief negotiator for the free trade agreement (FTA) talks with the United States, said that officials from the two countries will try to reach a balanced result that serves the interests of both countries.
One-sided negotiation pattern
Before I moved to South Korea, I learned my host country is practically an American protectorate. By watching news it is easy to see from outside: Wartime command, intervening in North-South relations, and so on.
S Korea FTA can weather Democrats in Congress
South Korea has internationally recognized labor and environmental standards that would ease opposition by US Democrats who traditionally don’t favour trade agreements with foreign countries, a South Korean asserted this week.
Korean, US business leaders vow to support FTA
Korea and US business leaders agreed Wednesday to push for the completion of a free trade agreement between Korea and the US. But at the 19th Korea-US Business Council meeting in Seoul, the two sides failed to see eye to eye on some key issues, especially whether products made in the inter-Korean Kaesong Industrial Complex should be included and whether Koreans should be granted a visa waiver in the US.
Korea, Canada to hold FTA talks
South Korea will hold a series of talks with Canada in Seoul next week on a free trade agreement (FTA), the country’s Agriculture Ministry said Tuesday.
U.S.-Korea FTA Talks Unlikely to Succeed
The United States is the world’s largest economy while South Korea ranks tenth. The two countries started negotiations for a bilateral free trade agreement (FTA) in Washington D.C. June 5-10.
US Sticks to Excluding Kaesong From FTA
The United States does not want goods produced in the Kaesong industrial complex to be included in the free trade agreement (FTA) with South Korea, a senior economic official at the U.S. Embassy in Seoul said.
Agricultural bodies file suit over US-SK trade agenda
The Korean Peasants League and the Korea Dairy & Beef Farmers Association have filed a lawsuit against the Ministry of Foreign Affairs and Trade over the ministry’s reluctance to share information with them related to the first round of South Korean-US free trade talks that concluded in Washington last week.
Korea, US call for win-win free trade
In a welcoming speech at an evening reception in Seoul Tuesday, ahead of the 19th Korea-U.S. Business Council meeting, top businesspeople and government officials from Korea and the United States heard Hyosung Group, and council joint-chairman Cho Suck-rai, stress the importance of a free trade agreement (FTA) between the two countries.