ISDS Case Map
Korea
Cambodia and the Republic of Korea (ROK) have pledged to finalise their Free Trade Agreement (FTA) negotiations by the end of the year to increase trade and investment between the two countries.
India will seek concessions for its rice exports to South Korea as Seoul levies a whopping 513% tariff on imported rice and buys rice from only five countries under its tariff rate quota regime.
Cambodia Prime Minister Hun Sen committed to gain an advantage in upcoming trade deals with China, South Korea, Japan and other nations.
South Korean exporters need to be on alert as India has been strengthening trade remedies such as anti-dumping measures to protect its industries, said a local trade association.
Finance Minister Hong Nam-ki said that South Korea seeks to launch formal negotiations for a bilateral free trade agreement with Uzbekistan by the end of this year. The minister unveiled the plan during a meeting with economy-related ministers in Seoul.
The big reshoring question is still about how much foreign investment will shift from China due to a combination of rising production costs and more fractious diplomatic relationships.
The normalization with the United Arab Emirates has given fresh impetus to negotiations for a free trade agreement with South Korea, according to Globes on Tuesday.
Chile's official recently visited South Korea, with the intention of resuming the negotiations to update the FTA between both countries that were interrupted by the pandemic.
Cambodia and South Korea ended the second round of their negotiations on free trade agreement (FTA) today with progress on finished the chapter of trade cooperation and market access and other chapters of the agreement.
The Philippines and South Korea will resume bilateral free trade negotiations in the second week of September in order to finalize an agreement before the end of the year.
