South Korea will hold a second public meeting regarding the U.S.-Korea Free Trade Agreement, known as KORUS. The meeting was announced after the first public meeting was disrupted by angry farmers and livestock breeders, according to the Korea Herald, a Korea-based newspaper. The second public hearing taking place Friday (today) allows Policymakers, trade experts and citizens to take part in …
South Korea Minister Says No Concessions in Farm-Sector KORUS Discussions
The South Korean trade minister says his country will not take a step backward in the upcoming discussions on updating the South Korean – U.S. free trade deal, known as KORUS. The Korean Herald Dot Com says he told reporters that the government is taking a “strong stand on the agriculture sector and will not retreat any further.” This was …
South Korea Looking at New Trade Deal with the Eurasian Economic Union
South Korea’s trade minister met with Russian officials this week in order to lay the groundwork for a new free trade deal with the Eurasian Union. The move comes amid increasing pressure from the U.S. to renegotiate the South Korean – American trade deal, known as KORUS. The South Korean Trade Minister met with the CEO of a state-owned banking …
Business Leaders Push to Keep KORUS Intact
Business leaders from the U.S. and Korea are pressing South Korea and the United States to “eliminate the uncertainty” around the U.S.-Korea Free Trade Agreement, known as KORUS. The U.S.-Korea Business Council, along with the Korea-U.S. Business Council, issued a joint statement, calling KORUS “a platform to expand bilateral trade.” President Donald Trump has threatened to withdraw the U.S. from …
Agriculture Changes Expected in KORUS Revisions
A South Korea trade lawyer believes changes to agricultural trade will top the list of changes requested in KORUS, the U.S.-Korea Free Trade Agreement. During a meeting last week between U.S. Trade Representative Robert Lighthizer and South Korea trade officials, the two nations agreed to open KORUS to renegotiation. The U.S. proposed revisions to language in KORUS regarding industrial goods, …
Trump on KORUS to Lighthizer: Call Me a “Crazy Guy”
Online source Axios reports that President Donald Trump told U.S. Trade Representative Robert Lighthizer to portray him as a “crazy guy” during the upcoming U.S.-Korea Free Trade Agreement meeting. South Korea will host the meeting with Lighthizer this week to discuss “ways to move forward” with KORUS. The meeting is the second on KORUS, following discussion between Korea and U.S. …
South Korea Trade Representative Meets with U.S. Lawmakers
South Korea’s Trade Minister is meeting with lawmakers in Washington, D.C. this week, ahead of a meeting with U.S. Trade Representative Robert Lighthizer next month. Lighthizer will meet with Korea next month to discuss a “path forward” for KORUS, The U.S.-Korea Free Trade Agreement. Korea’s Trade Minister has met with agriculture sector lawmakers, including Nebraska Republican Deb Fischer, to discuss …
South Korea to Host KORUS Trade Meeting
South Korea will hold a second round of trade talks with the United States next month. The meeting comes as the Trump administration wants to either renegotiate a free trade agreement between the two or withdraw from the agreement. A South Korea news agency reports the meeting will take place on October 4th, but the two sides have yet to …
Trade Officials Talks KORUS
Trade leaders from South Korea and the United States met for the first time last week to discuss the U.S.-Korea Free Trade Agreement. The Trump administration has targeted the free trade agreement for renegotiation, or even termination. A South Korea-based news agency reports U.S. Trade Representative Robert Lighthizer met with South Korea’s Trade Minister to “discuss ways to move forward” …
Farm Leaders Make the Case for Keeping KORUS
Pressure from the Ag community continues to build, as the President continues to toy with the idea of withdrawing the U.S. from the Korea-U.S. free trade deal, known as KORUS. Hundreds of farm leaders were in Washington, D.C. recently to make their case for keeping KORUS and expanding farm trade. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New …