ISDS Case Map
Korea
Japan, South Korea and China held their first joint summit in more than four years on Monday, seeking deeper commercial ties to bolster their economies, including by aiming for progress in stalled negotiations toward a free trade agreement (FTA), but with Seoul and Tokyo also using the occasion to criticize North Korea over a planned satellite launch.
South Korea's industry ministry said it has shared ideas with Indonesia on expanding bilateral cooperation in the development of a stable supply chain for key minerals. The two countries vowed to further utilize the bilateral Comprehensive Economic Partnership Agreement (CEPA), as well as global platforms such as the RCEP.
Members of the Regional Comprehensive Economic Partnership can further improve the alignment of operational guidelines across key sectors such as competition policy and trade in services to elevate mutual openness, said trade experts and foreign scholars on Sunday.
President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market.
Trade Minister Cheong In-kyo has met Wamkele Mene, the secretary general of the African Continental Free Trade Area (AfCFTA), in Seoul and they discussed ways to expand economic ties, officials said.
Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.
An international tribunal ordered South Korea to pay 43.8 billion won (US$32 million) in compensation to US-based hedge fund Mason Capital in an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates
South Korea's trade ministry it has launched another round of talks with Chile to update their bilateral free trade agreement, aiming to reflect the latest changes in the global supply chain and the digital economy.
Prime Minister of the Republic of Korea Han Duk-soo met with his Mongolian colleague Oyun-Erdene Luvsannamsrai in Seoul. Han Duk-soo expressed hope that the two countries will adopt the Economic Partnership Agreement as soon as possible.
The Philippines could ratify the free trade agreement (FTA) with South Korea by the middle of the year, with no issues expected to arise from the deal, according to the Department of Trade and Industry (DTI).
