Quantcast

Latest South Korea – United States Free Trade Agreement Stories

2006-03-06 04:27:17

SEOUL (Reuters) - Trade negotiators from South Korea and the United States met on Monday for preliminary talks on a free trade deal, amid a rally by farmers and unionists in Seoul opposed to the agreement. Seoul and Washington have already had a showdown on the issue of rice ahead of the opening of formal negotiations in May on a free trade agreement. Ambassador Kim Jong-hoon of South Korea and Assistant U.S. Trade Representative Wendy Cutler met at South Korea's Foreign Ministry to...

2006-02-13 03:03:40

SEOUL (Reuters) - Seoul will not be swayed by U.S. demands that rice should be part of a bilateral free trade pact, South Korea's agriculture minister said on Monday, adding that fruit and livestock should also be given special consideration. Seoul and Washington appear to be heading for a showdown on the sensitive issue of rice even before the opening of formal negotiations on a free trade agreement, which are expected in May. The chief U.S. agricultural negotiator said last week...

2006-02-10 00:21:31

By Kang Shinhye SEOUL (Reuters) - South Korea said on Friday that rice should be excluded from a free trade pact with the United States, drawing a line in the debate on one of the most sensitive areas of upcoming talks between the economic powerhouses. Washington and Seoul appear to be heading for a showdown on the issue even before the opening of formal negotiations on a free trade agreement, which is expected in May. The chief U.S. agricultural negotiator said on Wednesday that...

2006-02-03 05:53:53

By Jack Kim SEOUL (Reuters) - South Korea will try to exclude some farm goods from market-opening concessions in free trade talks with the United States because of their highly sensitive nature domestically, its top negotiator said on Friday. Ambassador Kim Jong-hoon's comments came after the two countries announced the start of talks on the biggest U.S. trade pact in more than a decade. Negotiations are expected to be tough because of opposition from South Korean farmers who fear...

2006-02-02 01:24:01

By Jack Kim SEOUL (Reuters) - South Korean farmers stormed a podium on Thursday and forced the government to suspend a public hearing called to discuss proposed free-trade talks between Seoul and the United States. The two countries are widely expected to announce this week the start of discussions on a trade agreement. Farmers said a free-trade pact would destroy their livelihoods and demanded a compensation package before starting talks with Washington. They heckled a speaker at...

2006-01-26 05:07:04

DAVOS, Switzerland (Reuters) - U.S. Trade Representative Rob Portman said on Thursday he hoped free trade negotiations could be launched soon with South Korea. Washington has mentioned South Korea as a possible partner in the past, but this is the firmest indication to date that the start of talks could be imminent. "We are not quite there yet. We still have some issues to discuss," Portman told journalists during the annual meeting of political and business leaders at the Swiss...

2005-11-15 04:37:10

By Sonya Hepinstall and Martin Nesirky PUSAN, South Korea (Reuters) - Pacific Rim countries representing close to half of world commerce took aim on Tuesday at European Union reluctance to open markets to agriculture, the main stumbling block ahead of crucial trade talks next month. The 21 leaders of the Asia-Pacific Economic Cooperation (APEC) meeting in South Korea look set at the end of this week to issue what one official described as a "short sharp statement urging the European...

2005-09-28 14:47:04

WASHINGTON (Reuters) - Exasperated U.S. lawmakers warned on Wednesday they would retaliate against Japan for unfair trade measures unless the Bush administration seized the initiative in long-running disputes, including beef. At a hearing to examine trade relations between the two countries, lawmakers in the U.S. House of Representative urged U.S. officials to seek redress at the World Trade Organization if needed to resolve trade spats. "This hearing is drawing a line. There are no...

2005-09-20 22:22:20

By Doug Palmer WASHINGTON (Reuters) - Other countries must lower barriers to U.S. banking, insurance and other service industry firms as part of a new world trade agreement also focused on reforming global agricultural trade, the chief U.S. negotiator said on Tuesday. "I have made clear that we can not accept a final package on the round that does not have a meaningful services element," U.S. Trade Representative Rob Portman said in a speech to the Coalition of Services Industries....


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
Related