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Korea


Korean screen quota system in dispute - again
The dispute about Korea`s screen quota system is flaring up again, with government officials squaring off against the local movie industry over whether the "protectionist" measure should be scrapped.
Protective law demanded ahead of Korea-Japan FTA
Korea’s four major business organizations have urged the government to enact a special law ahead of a free trade agreement (FTA) with Japan in order to protect domestic companies from negative effects of the pact.
South Korea to discuss FTA with EFTA
South Korea will hold a second round of joint studies on a free trade agreement this week in with the European Free Trade Association (EFTA), which is made up of Switzerland, Norway, Iceland and Liechtenstein.
US envoy stresses need for FTA with Korea
U.S. Ambassador to Korea Christopher R. Hill called for the quick conclusion of a Bilateral Investment Treaty (BIT) and the abolishment of the screen quota system during the General Membership Meeting with American Chamber of Commerce (AMCHAM) Tuesday at Shilla Hotel in central Seoul.
South Korea seeking trade agreement with Mercosur
South Korean President Roh Moo-Hyun will meet with Latin American leaders next months to seeka free trade agreement, local press reported Tuesday.
We denounce the Korea-Japan FTA
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.
Simultaneous pursuit of trade pacts more desirable: S. Korean FM
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.
Korea’s Trade Deficit With Chile Widens
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.
Megawati urges SE Asia to embrace FTA
Indonesian President Megawati Sukarnoputri has urged ASEAN to move ahead in forging free-trade agreements with non-members, including Australia.
Commerce Minister upbeat on Korea-Japan FTA
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).
Debate over S.Korean film quota
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.
KL and Seoul to study possibility of free trade pact
Visiting Malaysian Premier also discusses North Korea, education, tourism and business with South Korean leader.
Korea to Start FTA Talks With EFTA
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.
Korea: US links big investment treaty to more US movies
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.
Seoul film industry rallies to keep quota
A star-studded film about two brothers caught on opposite sides of the Korean War broke all box-office records here this year.
Korea, American CEOs Call for BIT
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.
US-Korea BIT likely by end 2004
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 and Vietnam sign banking pact to boost trade
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.
Korea’s FTA conundrum
After a protracted courtship, Korea and Japan finally agreed last month to start negotiations on a bilateral free trade agreement (FTA).
Businesses Lukewarm on Korea-Japan 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.