- 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
27-Apr-2017 Mujeres en la MingaNosotras las Mujeres, luchamos contra los TLC ya que estos acuerdos son más que simples reglamentaciones del comercio entre países, son estrategias de dominación de las personas.
27-Apr-2017 Forum against FTAsTrade unions, farmers groups, health activists, and other people’s movements are planning to organise a series of events to put pressure on the Government of India to withdraw from RCEP negotiations.
24-Apr-2017 GRAINTenemos por delante, potencialmente, una ola de nuevas normas de “comercio, inversión y cooperación”, y nuestra región se verá fuertemente presionada a aceptar más abusos e indefensión ante las empresas.
24-Apr-2017 USWAfter three decades of NAFTA, Mexican workers are still denied basic rights.
21-Apr-2017 Chile Mejor sin TPPSus representantes afirmaron que tratados como el TPP, el TISA y otros acentúan el extractivismo intensivo en uso de agua y atentan contra las decisiones soberanas de los pueblos respecto al medioambiente.
10-Apr-2017 Coalition Nationale "Non aux APE"La Coalition se désole de ce que des citoyens arrivent difficilement à échanger avec les autorités de ce pays sur des questions aussi importantes que les APE et la ZLEC.
7-Apr-2017 Argentina Mejor sin TLCLos pueblos latinoamericanos decimos NO a los Tratados de Libre Comercio ¡Basta de privilegios para las empresas a costa de nuestros derechos!
4-Apr-2017 No al TTIPLa campaña No al TTIP, CETA, TiSA apoya la iniciativa del grupo parlamentario Unidos Podemos – En Comú Podem – En Marea que el Congreso de los Diputados solicite al Tribunal Constitucional un examen sobre si el tratado UE-Canadá viola derechos constitucionales de la ciudadanía tal como se ha hecho en Francia y Alemania.
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.