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Korea


Asean signs FTA with South Korea after Thailand opts out
South Korea signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations on Tuesday but founding member Thailand was left out due to internal disagreements and objections to Seoul’s barriers on farm products.
Thailand to be left out of ASEAN FTA with S. Korea
Thailand will not be included in a free trade agreement to be signed between the Association of Southeast Asian Nations (ASEAN)and South Korea this week, the Philippine trade secretary said Monday.
Korea completes draft for FTA with US
Reducing or scrapping the 40 percent tariff on beef imports will be on the agenda at FTA negotiations with the US scheduled to start on June 5, the Ministry of Foreign Affairs and Trade said Monday, under first drafts Korea and the US have completed.
Honest approach required in Korea-U.S. FTA negotiation
I read an article by Woo Seok-gyun, an official from the Korea Federation of Medical Groups for Health Rights (KFHR), regarding the Korea-U.S. Free Trade Agreement (FTA) negotiation on medical care and education. Mr. Woo described the upcoming negotiation as a ’game of truth’ by the government.
S Korean actors to protest FTA with US in Cannes
A group of South Korean movie workers left for France Monday to protest at the Cannes film festival against South Korea’s plan to sign a free trade pact with the United States, representatives of the group said.
Korea, US FTA no longer an option
A free trade agreement with the United States has sparked a heated debate in Korea. The two major labor unions and the nation’s largest environmental group have jointly launched a nationwide campaign against a Korea-US FTA. There are also plenty of pro-FTA supporters.
US FTA: A good opportunity to upgrade Korean economy
Korea and the US officially announced the start of negotiations for a Free Trade Agreement (FTA) three months ago. The two sides are set to begin negotiations this June after gathering opinions from various fields of society.
S Korea considers FTA with Gulf countries: Roh
President Roh Moo-hyun said Saturday that the government will consider signing a free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC).
ASEAN trade ministers meet to accelerate creation of European-style economic community
Southeast Asian trade ministers, pressured by China and India’s growing economic might, will gather this week in Manila to chart plans to accelerate their daunting ambition of creating a European-style economic community. They will also assess progress of ASEAN’s various free trade negotiations.
Imports of rice at issue in US trade negotiations with Korea
Rice, the staple food for much of Asia, will doubtless be a tough issue in negotiations on a US-South Korea free-trade agreement (FTA) and could be an issue in US-Malaysia FTA talks, US experts say.
FTA summary to be reported to National Assembly next week
A summary of the Korea-US Free Trade Agreement (FTA) is expected to be presented by the Ministry of Finance and Economy to the National Assembly next week, while an exchange of agreement drafts with the US is expected on May 19.
Free trade agreements: complicated but unavoidable
The 16th Inter-Pacific Bar Association Conference, held in Sydney last week, provided a forum to illustrate the enormous impact FTAs have on the economic and social aspects of their respective countries and the legal issues underlying them.
Free-trade agreement: Thailand rejects deal with South Korea
Thailand is the only Asean member not planning to sign the free-trade agreement (FTA) with South Korea and will thus lose export competitiveness, due to higher import tariffs.
India aiming for Pan-Asian FTA: Manmohan
Having concluded free trade agreements with SAARC, Singapore and Thailand, India is pursuing similar arrangements with several other Asian countries, the Prime Minister, Dr Manmohan Singh, said here on Friday.
Caricom, South Korea sign cooperation pact
Caricom and the Republic of Korea have identified seven areas of cooperation to be pursued including the promotion, expansion and diversification of trade and investment flows; and the exchange of views and information on measures to facilitate access to their respective markets, Caricom Secretary-General Edwin Carrington said.
S Korea-US alliance good teamwork
When I signed on to be a US diplomat almost 30 years ago, I never imagined it would lead to playing football with a Super Bowl MVP. Yet two weeks ago, I found myself standing in my living room in Seoul launching a pass to Hines Ward, the Korean American star of the Pittsburgh Steelers and MVP of Superbowl XL.
Seoul to resume stalled FTA talks with Japan
South Korea’s finance minister says the country will seek to resume its stalled negotiations for a free trade agreement (FTA) with Japan after wrapping up a pact with the United States.
South Korea, Asean to cut ag tarrifs for FTA
Under the deal, South Korea designated 200 agricultural products that will be exempt from tariff reductions due to their effect on local farmers
Korean, Malaysian auto barriers pose trade negotiation challenge
Opening up trade in autos poses a major challenge in free-trade agreement (FTA) negotiations with South Korea and Malaysia, experts in the United States say.
Kaesong goods to be included in ASEAN FTA
ASEAN’s free trade agreement (FTA) with South Korea would recognize products made in the Kaesong Industrial Complex, the inter-Korean project, as South Korean products. This is in stark contrast to the politically sensitive nature of Kaesong in concurrent negotiations for an FTA with the United States.