The governments of Korea and Japan have come together today, 350km away from Seoul, for their fifth negotiation to consolidate a free trade agreement (FTA) between the two countries. Ever since the negotiations were initiated last December, many NGOs and people’s organizations have shown concern over the planned FTA.
Visiting South Korean Foreign Minister Ban Ki-moon said on Friday it is "more desirable" to seek free trade agreements (FTAs) with many countries at the same time than to pursue bilateral agreements one at a time.
The nation’s trade deficit with Chile widened to $528 million in the five months since a free trade agreement (FTA) took effect on April 1.
Indonesian President Megawati Sukarnoputri has urged ASEAN to move ahead in forging free-trade agreements with non-members, including Australia.
Commerce-Industry-Energy Minister Lee Hee-beom on Tuesday expressed the Korean government’s strong desire to complete the Korea-Japan Free Trade Agreement (FTA).
South Korea’s increasingly successful movie industry is at a crossroads — officials want to phase out protectionism that angers trade partners while other people say films still need to be shielded from Hollywood hits.
Visiting Malaysian Premier also discusses North Korea, education, tourism and business with South Korean leader.
South Korea and the four-member European Free Trade Association (EFTA) are expected to begin talks for a free trade agreement (FTA) from early next year, according to a top government official.
The economic benefit of reducing South Korea’s cinema screen quota system - as a condition for signing a big bilateral investment treaty with the United States - has been questioned by experts opposing the further opening of the local film market.
A star-studded film about two brothers caught on opposite sides of the Korean War broke all box-office records here this year.
South Korean and American business leaders on Friday agreed to urge their respective governments to step up efforts to form a free trade agreement (FTA) between the two nations and seek growth engines.
A bilateral investment treaty between the United States and Korea appears likely by the end of this year, paving the way for a free trade agreement between both the nations, said Maurice R. Greenberg, chairman of the U.S.-Korea Business council.
North Korea has signed a banking pact with Vietnam as it moves
to boost bilateral trade with a fellow communist country, an official
from North Korea’s embassy in Hanoi said today.
After a protracted courtship, Korea and Japan finally agreed last month to start negotiations on a bilateral free trade agreement (FTA).
In contrast to the recent push for adopting a free trade agreement (FTA) with Chile, leading business organizations, including the Federation of Korean Industries (FKI) and Korea Federation of Small Business (KFSB), take a cautious approach to back ongoing FTA talks with Japan.
In July 2002, Japan and Korea established a Joint Study Group,
composed of representatives from the government, business and academia of
both countries, to appraise the possibility of establishing the Japan-Korea Free
Trade Agreement (JKFTA).
The Federation of Korean Industries (FKI) on Friday proposed that the government take a cautious approach to the ongoing Korea-Japan free trade agreement (FTA) talks, demanding a delay of in the schedule for cutting tariffs on Japanese imports.
South Korea’s parliament braved the wrath of a powerful farm lobby on Monday to pass a free trade agreement with Chile, the Asian trading powerhouse’s first bilateral market-opening deal.
Between 20th and 24th December, representatives from the two countries will meet in Tokyo and finalise the text of the BIT that has been under much criticism from peoples’ movements of both Korea and Japan.