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Tackling non-tariff barriers
25-Aug-2010
It is no secret that one of the final sticking points in the Korea-U.S. FTA is the alleged Korean non-tariff barriers (“NTBs”) in the automobile sector. The United States takes the position that the enormously low penetration of the U.S. automobiles into the Korean market can only be explained by NTBs.
Inverted duty structures in FTAs not good: ACMA
18-Aug-2010
Automotive Component Manufacturer Association of India (ACMA) Wednesday urged the government to look into the inverted duty structures in free trade agreements (FTAs) which it intends to sign.
Korean ambassador to talk free trade with Ford, Chrysler
18-Aug-2010
The South Korean ambassador to the United States will meet with top executives at Ford Motor Co. and Chrysler Group LLC on Wednesday during a day-long visit to Detroit to discuss a contentious free trade agreement.
Kirk: Korea-US FTA Renegotiations Will Only Focus on Beef and Auto
8-Aug-2010
United States Trade Representative Ron Kirk says it is unlikely that other clauses will be included when bilateral talks are held to address Washington’s concerns on beef and auto regarding the Korea-US free trade agreement.
Carmakers and trade deals: One-way street
8-Jul-2010
In the next few months European Union governments will have to decide whether to ratify a free-trade agreement (FTA) with South Korea that is described by the EU’s external-trade directorate as “one of the most ambitious and complete deals” it has ever signed.
Auto workers slam DTI on JPEPA auto tariff talks delay
30-Nov-2009 Manila Bulletin
A group of 75,000 automotive industry workers has slammed the Philippines Department of Trade and Industry for lack of earnest efforts to negotiate a delay in the tariff elimination of imported vehicles under the signed Japan Philippine Economic Partnership Agreement (JPEPA).
Jpepa tariff lifting worries auto workers
25-Nov-2009 Business Mirror
The “horrors” of the Japan-Philippines Economic Partnership Agreement (Jpepa) continue to haunt the country.
RP: no tariff lifting sans investment
22-Nov-2009
The Philippines is likely to suspend its tariff-elimination commitments for Japanese vehicles and auto parts under the two countries’ economic partnership agreement starting in January, as the government still needs to determine if the “increased investment” that Japan promised has indeed come in already.
President Lee hints at renegotiations on FTA auto trade clauses
20-Nov-2009
While speaking on the Korea-U.S. Free Trade Agreement (FTA), President Lee Myung-bak hinted Thursday that he would consider engaging in additional negotiations in the automobile sector if the U.S. requests it. President Lee’s statement is expected to cause controversy.
Discord Rising in US Over FTA With Korea
9-Nov-2009
U.S. President Barack Obama arrives in Korea on Nov. 18, but discord over the ratification of the bilateral free trade agreement with Korea is rising in the U.S.
US Seeks Wider Access to Korean Auto Market: White House
8-Nov-2009
The United States Friday repeated its call on South Korea to make concessions for a wider opening of its auto market so the U.S. can ratify a pending bilateral free trade agreement, Yonhap News reported..
Japan, EU jockey for position in effort to ink India trade pact
2-Nov-2009 Japan Times
Whichever FTA is signed first — Japan’s or the EU’s — will put pressure on the other pair of negotiators to reach pragmatic compromises. The race for India is on.
EU automakers urge Brussels to ditch SKorea trade deal
29-Sep-2009 AFP
European auto manufacturers on Monday urged Brussels not to sign a free trade agreement with South Korea due to be inked over the coming days.
Fresh look at US-S.Korea FTA
15-Sep-2009
The United States said on Monday it was taking a fresh look at whether South Korea is giving US automakers enough access under a draft free trade agreement, which has been stalled by disputes.
EU-South Korea trade pact marks trouble, Ford says
10-Jul-2009 Reuters
A proposed trade pact between South Korea and the European Union is one-sided and could threaten automobile manufacturing in Western Europe, a top Ford Motor Co executive said on Thursday.
’GM to determine fate of S Korea-US FTA’
16-Apr-2009 Korea Times
How the US President Obama administration deals with General Motors will determine the fate of the free trade agreement between Korea and the United States, the former first deputy managing director of the International Monetary Fund (IMF) said.
EU trade chief certain FTA can clear car hurdle
7-Mar-2009 Joong Ang Daily
The European Union’s trade chief is confident she can convince member states to back a free trade pact with Korea, despite fierce opposition from the bloc’s embattled car industry.
Thailand, Indonesia to sign fishery, food, auto pact by 1st half
1-Mar-2009 Dow Jones
Commerce ministers of Thailand and Indonesia on Saturday agreed to launch a bilateral trade agreement on economic cooperation
EU downplays delay to Korean trade deal
18-Feb-2009 EU Observer
The EU intends to move ahead with a free-trade agreement currently being negotiated with South Korea despite delays and grumbles from the European car industry.
EU car makers want to scrap EU-S. Korea trade pact
5-Feb-2009 IHT
European car makers called Thursday for the European Union to scrap a draft free-trade deal with South Korea, saying it won’t let them increase exports during a sales slump at home.