The Jeju provincial government has revoked the business license of a Chinese-owned for-profit hospital. The Chinese group may file a suit against the Korean government, using the investor-state dispute settlement system.
South Korea and the Philippines agreed to conclude a free trade agreement in November at the latest.
China expressed the hope for smooth progress of negotiations on Free Trade Zone with Japan and Republic of Korea (ROK).
The European Commission warned that it will seek to launch an expert panel to review South Korea’s compliance with the free trade pact it signed with the European Union if it fails to ratify key international labor conventions.
High on the agenda are rules for protecting intellectual-property rights.
The European Union has made a request for modernization of its FTA with South Korea, which differs from renegotiation because refers to a change in the structure of an FTA itself.
Uzbekistan and South Korea will work on the conclusion of a free trade agreement to expand bilateral economic and trade relations.
China used the negative list system for the first time to conduct negotiations on service trade and investment during the second phase of China-South Korea Free Trade Agreement talks.
South Korea will hold its first negotiations with Indonesia in five years to forge a bilateral free trade deal later this month.
South Korean Trade Minister said that the South Korean government would conclude free trade agreements (FTAs) with Indonesia, Malaysia and the Philippines in the near future.
Costa Rica became the second Central American country to enter a FTA with South Korea, that will give immediate access without tariffs to 80% of Costa Rican products.
The US government was launching the first dispute with South Korea under the free trade pact between the two countries over how Korea’s competition regulator treats American firms.
Chinese Premier Li Keqiang urged Japan and South Korea to speed up free-trade agreement (FTA) talks as the three parties mark the 20th anniversary of the launch of the China-Japan-South Korea cooperation mechanism this year.
South Korea has actively promoted its agricultural products in overseas markets over the past few years by holding K-food fairs. Nonetheless, data show that Korea has yet to resolve its chronic trade deficit in farm products.
South Korea and Malaysia leaders agreed to get started on negotiating a bilateral free trade agreement, aiming to strike the deal within this year.
Negotiations for the Free Trade Agreement (FTA) with South Korea was begun by the Chinchilla administration (2010-2014), completed in 2016 and now only requires the President’s signature to go into force.
The Free Trade Agreement (FTA) between Honduras and South Korea is about to enter into force; the National Congress of the Republic has already approved it.
The Korea government may face another investor-state dispute case from the Chinese capital if the license is called off.
Korea has decided to resume talks on signing the Comprehensive Economic Partnership Agreement with Indonesia, seeking to broaden ties with the Southeast Asian country.
South Korea, Japan and China are making slow progress on FTA negotiations amid contentious issues involving each country’s interests.