- About bilaterals.org
- Feb-2016: New ISDS platform launched
- Sep-2004: Launch announcement
- Feb-2015: Relaunch of bilaterals.org
- Mar-2013: Relaunch of bilaterals.org
- Jun-2009: Relaunch of bilaterals.org
- Dec-2008: An update from bilaterals.org and logo design contest announcement
- Dec-2006: bilaterals.org in Spanish & French
- Sep-2006: Update from bilaterals.org
- How to participate
- Key issues
- Texts of agreements
Korea-US Free Trade Agreement a Job-Killer
International Trade Union Confederation (ITUC) - ITUC OnLine
Korea-US Free Trade Agreement a Job-Killer
Press Release: International Trade Union Confederation
16 December 2011
Brussels, (ITUC OnLine): The ITUC, supported by its Korean and US affiliates, has warned that the new “KORUS” free trade agreement between the two countries will cost hundreds of thousands of jobs. The agreement was rushed through the Korean parliament in a hastily-convened session designed to catch opposition parties off-guard and minimise the possibility for public reaction.
“This agreement will have devastating consequences for thousands of families at time when governments should be focused on creating jobs, not undermining decent work and driving living standards down. It does not provide adequate mechanisms to protect people’s rights at work, it will fuel even more financial speculation, and the dispute-settlement procedures which override national law are effectively anti-democratic,” said ITUC General Secretary Sharan Burrow.
Independent estimates of the agreement’s employment impact show there could even be loss of as many as 130,000 agricultural jobs in Korea, and more than 150,000 in the US. Even the US’s own International Trade Commission concluded that the employment impact would probably be negligible, contrary to claims from the American Chamber of Commerce that it would create as many as 280,000 new jobs.
“The American Chamber of Commerce has made fictitious job-creation claims around previous such agreements. History has proven them wrong, but the truth is again being sacrificed to the special interests of the 1%. Some big corporations will profit from this deal, but the overall impact is likely to cause serious economic and social damage,” said Burrow.
The Korean trade union centres FKTU and KCTU have expressed their opposition to the KORUS, with the KCTU organising a 40,000-strong protest against it in Seoul on November 13. The KCTU has described the agreement as “damaging to workers and working families in the US and Korea”, while AFL-CIO President Rich Trumka has stated that it does not live up to the new trade model the labour movement has been advocating, nor does it contribute to a sustainable global future. “It is essential that both countries bring their labour laws and practice fully into compliance with international standards prior to implementation of the agreement,” according to Trumka.
“The KORUS agreement should be postponed until it has been redesigned to promote decent work and respect for core labour standards,” said Burrow. “The Investor-State Dispute Settlement Mechanism should be removed from it and a full public assessment of the economic and social impact of the FTA on workers in both countries needs to be carried out.”
The ITUC represents 175 million workers in 153 countries and territories and has 308 national affiliates.
News from the movements
20-Feb-2017 S2BGlobalisation is at a dangerous crossroads. One path leads to regained policy-space for governments to address climate change, inequality and other pressing issues of our times. The other leads to more rights for corporations to bully decision-makers.
18-Feb-2017 Le DauphinéAlors que le CETA vient d’être ratifié par le Parlement européen, Grenoble organise samedi, après Barcelone, les 2e Rencontres paneuropéennes des villes contre TAFTA - CETA – TISA,
17-Feb-2017 bilaterals.orgEl Coordinador de la Coalición nacional senegalesa “No a los AAE” nos habla de dos proyectos de libre comercio en relación con África: los Acuerdos de asociación económica y la Zona continental de libre comercio
16-Feb-2017 Une Seule Planète
Mouvement citoyens et pouvoirs locaux : quelle alliance pour construire les alternatives aux accords de libre-échange ?La logique des accords de libre-échange est celle d’une croissance infinie des richesses, d’une nature inépuisable d’une capacité exponentielle de l’Humanité à mobiliser le génie scientifique nécessaire pour minimiser les externalités sociales ou environnementales.
15-Feb-2017 RTThe European Parliament has approved a landmark free trade deal between the EU and Canada. Hundreds gathered in Strasbourg, France to protest the Comprehensive Economic and Trade Agreement (CETA).
13-Feb-2017 We Move EuropeEste es un momento crucial para bloquear el CETA. Los eurodiputados tienen una última oportunidad de pararlo el miércoles… ¡pero la votación será reñida! Dile a los eurodiputados que no queremos peligrosos tratados en nuestras vidas.
11-Feb-2017 bilaterals.orgThe Coordinator of the National Coalition "No to EPAs" in Senegal discusses two free trade projects in Africa: Economic Partnership Agreements and the Continental Free Trade Area.
10-Feb-2017 Mediapart (blog)Des centaines de citoyen.ne.s venus de toute l’Europe se retrouveront à Strasbourg pour deux jours de mobilisation durant lesquels ils rappelleront qu’un autre commerce, au service des peuples et de la planète, est possible !
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.