- 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
7-Dec-2016 Radio UchileA la audiencia ante la CIDH asiste una delegación con representantes indígenas y de sociedad civil que forman parte de las entidades peticionarias de los tres países, además del Grupo Internacional de Trabajo sobre Asuntos Indígenas.
7-Dec-2016 Coalition Nationale Non aux APEOui à une intégration africaine souveraine et populaire
5-Dec-2016 Médecins Sans Frontières
MSF press release: RCEP trade deal negotiators must reject terms that would harm access to medicinesInternational medical humanitarian organisation Médecins Sans Frontières (MSF), along with other health groups, reiterated concerns about harmful intellectual property provisions in the proposed agreement that would increase market monopolies for pharmaceutical corporations and delay or block access to affordable generic medicines.
30-Nov-2016 No al TTIPCientos de organizaciones europeas y canadienses instan a las/los legisladores a votar en contra del Acuerdo Integral de Economía y Comercio (CETA).
30-Nov-2016 Temp.coJelang perundingan perdagangan bebas ASEAN RCEP (Regional Comprehensive Economic Partnership) di Indonesia, organisasi masyarakat sipil dari berbagai negara mulai melayangkan protes kepada pemerintah di negara-negara yang akan menandatangani perjanjian tersebut.
30-Nov-2016Este es un llamamiento urgente de 316 organizaciones de la sociedad civil de los países de Asia y el Pacífico que negocian la Asociación Económica Regional Ampliada para que el contenido tóxico del TPPT no se incorpore al RCEP
29-Nov-2016This is an urgent call by 316 civil society organisations from across the Asian and Pacific countries negotiating the Regional Comprehensive Economic Partnership to reject TPP rules in the RCEP
29-Nov-2016 S2BWe, the undersigned civil society organisations from Canada and Europe, hereby express our deep concern about the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada.
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.