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Latest South Korea – United States Free Trade Agreement Stories

2006-05-25 01:32:07

SEOUL (Reuters) - The first draft statements of a free trade agreement exchanged by South Korea and the United States show "considerable differences" between the two sides, an agriculture ministry official said. Negotiators from South Korea and the United States are scheduled to meet on June 5 in Washington for the first round of free trade talks. The two sides will face sensitive issues such as South Korea's barriers to its service sector and rice market, as well as U.S. textile...

2006-05-22 17:17:11

By Doug Palmer WASHINGTON (Reuters) - The United States has no immediate plans to negotiate a free trade pact with Taiwan, but is eager to discuss other ways to expand economic ties, a top U.S. trade official told reporters on Monday. "Let me just stress, people who hold out this FTA (free trade agreement) idea forget there's a tremendous amount that can be done to strengthen and deepen investment relations without ... an FTA and we want to do that," deputy U.S. Trade Representative...

2006-05-19 04:59:58

SEOUL (Reuters) - South Korea has warned anti-free trade activists, who have previously staged violent rallies, not to travel to the United States next month when Seoul and Washington launch talks on a bilateral trade deal. In December, Hong Kong arrested nearly 1,000 protesters during a World Trade Organization meeting, most of them South Korean farmers and unionists, after violent demonstrations that often overshadowed the negotiations. Charges against all of them were later...

2006-04-07 18:45:32

WASHINGTON (Reuters) - The Bush administration should include a provision in a proposed free-trade pact with Peru that the South American country meet international labor standards, a group of congressional Democrats said on Friday. The Bush administration gave Congress 90-day notice in early January it intended to sign a bilateral free-trade deal with Peru. Thursday was the earliest the pact could be signed, but no date has been announced. "Time is running short to develop solutions...

2006-03-08 19:49:41

By Doug Palmer WASHINGTON (Reuters) - The United States launched free trade negotiations with Malaysia on Wednesday in a move aimed at strengthening U.S. economic ties in the strategically important Southeast Asian region. "Malaysia has been at the forefront of the economic dynamism transforming Asia in recent years," U.S. Trade Representative Rob Portman said at a news conference with Malaysian International Trade and Industry Minister Rafidah Aziz and more than a dozen members of...

2006-03-08 14:55:05

By Doug Palmer WASHINGTON (Reuters) - The United States launched free trade negotiations with Malaysia on Wednesday in a move aimed at strengthening U.S. economic ties in the strategically important Southeast Asian region. "Malaysia has been at the forefront of the economic dynamism transforming Asia in recent years," U.S. Trade Representative Rob Portman said at a news conference with Malaysian International Trade and Industry Minister Rafidah Aziz and more than a dozen members of...

2006-03-08 09:38:02

By Doug Palmer WASHINGTON (Reuters) - The United States and Malaysia will announce plans on Wednesday to negotiate a free trade agreement, a U.S. trade official said. U.S. Trade Representative Rob Portman and Malaysian International Trade and Industry Minister Rafidah Aziz will make the announcement at a joint news conference with leading members of Congress, the official said. Malaysia is the United States' 10th largest trading partner. An announcement that the two countries would...

2006-03-07 18:50:34

WASHINGTON (Reuters) - The United States and Malaysia will announce plans on Wednesday to negotiate a free trade agreement, industry and congressional sources familiar with the decision said. U.S. trade officials have previously said they were very close to launching talks with Malaysia, the United States' 10th-largest goods trading partner. U.S. Trade Representative Rob Portman and Malaysian International Trade and Industry Minister Rafidah Aziz are expected to announce plans to...

2006-03-07 01:34:42

By Jon Herskovitz SEOUL (Reuters) - The United States wants to conclude negotiations for a free trade agreement with South Korea by the end of this year, its chief negotiator to talks set to formally begin in June said on Tuesday. Assistant U.S. Trade Representative Wendy Cutler met South Korean Ambassador Kim Jong-hoon on Monday in preliminary talks for what would be the biggest U.S. trade pact since the North American Free Trade Agreement of 1994. "Trade promotion authority...

2006-03-06 07:11:12

By Jack Kim SEOUL (Reuters) - The United States and South Korea agreed on Monday to start a formal round of free trade talks in June, dealing a blow to farmers and unionists demonstrating against the plans. A group of about 40 rallied on Monday in Seoul as trade negotiators from the two countries agreed to hold their first official talks, aimed at bringing down trade barriers, on June 5 to June 9 in Washington. South Korea's chief negotiator, Kim Jong-hoon, told reporters four...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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