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Korea


Gold may be kept out of future trade pacts
A big spike in gold imports from countries with which India has trade agreements has caused alarm in the government, which now plans to exclude the yellow metal from such agreements in the future.
White House steps back from ending Korea trade pact
After intense resistance from Capitol Hill and business groups, Trump administration tells lawmakers a withdrawal isn’t a priority
US Chamber opposes strongly withdrawal from KORUS FTA
The US Chamber of Commerce issues a statement opposing US withdrawal from KORUS, says it would not create a single American job
US demands agro tariffs be lifted
The United States has demanded South Korea eliminate all tariffs on US agricultural goods, according to a news report.
Trump says he’s looking into South Korea trade accord future
President Donald Trump said he would discuss the future of the US-South Korea free-trade agreement with his advisers following a newspaper report that he’s considering terminating the pact.
Foreign investors may take Korea’s mobile fee cut to ISD settlement
Foreign investors are making increasing inquiries about possible losses to their investment in South Korean telecom companies, three days before the carriers are to decide on whether to file a lawsuit against the government’s fee cut plan, industry sources said on Aug. 28.
To prevent influx of imports hurting Indian steelmakers, Centre set to raise this shield
India’s steel ministry wants to protect the local steel industry from influx of imports under the proposed RCEP deal
Pharmaceutical prices, intellectual property rights emerge as key issues in KORUS FTA discussions
Through the KORUS revision, the US is openly seeking to bridge its trade deficit with Korea by renegotiating specific terms for individual product categories.
S.Korea trade minister says no agreement at talks with US on FTA
South Korea’s trade minister said on Tuesday at the conclusion of trade talks with the United States that the two sides failed to reach agreement on how to move forward on discussions over the possibility of amending the five-year-old free trade deal.
Trump’s penchant for deal-making evident in push to renegotiate KORUS
The Moon administration needs to stand up to Trump with the confidence of a party ready to accept termination of the agreement, writes The Hankyoreh
US, South Korea to start talks Tuesday in Seoul on trade pact
The United States plans to start negotiations with South Korea in Seoul on amending a five-year-old free trade agreement, U.S. Trade Representative Robert Lighthizer said.
USTR seeks advisers’ opinions on amending trade pact with S. Korea by Aug. 15: report
The U.S. Trade Representative’s office has asked a group of industry advisers to provide opinions on amending a bilateral trade pact with South Korea by Aug. 15.
S Korea suggests US carry out joint study on FTA’s economic effect
South Korea suggested the United States carry out a joint study on the economic impact of the Seoul-Washington free trade agreement before starting talks on its amendment, Seoul’s trade ministry here said Tuesday.
Agriculture minister says no to FTA changes on rice imports
South Korea says it will not concede to any demand for an increase in rice imports from the US, and will try to reduce them, when talks begin regarding modifications to the Korea-US Free Trade Agreement.
Moon promises to consult with Assembly on US FTA
Korea’s President Moon Jae-in insists that Washington’s request should be understood as "revision or modification," not a "renegotiation" of the agreement
USTR formally demands negotiation to revise FTA with Korea
The United States formally notified South Korea that it wants to start the process of revising the free trade agreement between the two countries, the office of the US Trade Representative said.
Following summit, S. Korea and US to form consultation group on KORUS FTA
US apparently will want the group to revise KORUS FTA while South Korea seeking analysis of the agreement‘s impact.
Georgia to start FTA talks with Korea
Working on a free trade agreement with Korea is the No.1 task for Georgia’s newly appointed top envoy Otar Berdzenishvili.
MSF response on RCEP negotiations in the Philippines
Negotiators must protect public health safeguards that enable developing countries like India to keep supplying life-saving affordable medicines for millions of people worldwide.
US beef producers laud Korea-US FTA
Five years into implementation, the US-Korea free trade agreement has led to an 82 percent jump in annual US beef sales to the Asian nation.