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South Korean Parliament To Consider The Progress Of FTA And Korea Us FTA

2011/5/2 10:53:00 43

Korea Parliament Korea EU FTA Korea Us FTA

The Minister for trade negotiation of the Ministry of foreign affairs and trade of Korea (the second in charge of trade negotiations) recently held a press conference to say that this (2011) year will give priority to the completion of the ROK, the ROK and the US in the year.

Han Peru FTA

The Congress approved the work and completed consultations with FTA in Australia by the end of the year.


The South Korean parliament has considered the progress of FTA in Korea, EU and Korea.


Korea EU FTA


In April 15th this year, the EU FTA approval case was rejected by the Committee of small bills of commissions outside the parliament, which was rejected by more than half of the 6 members. Among the members present, 3 were in favor of the ruling party members and 1 were abstaining.


The opposition camp strongly condemned the government's failure to put forward effective measures to protect the domestic livestock industry, and asked for sufficient time to review the misinterpretation of the Korean plation. Waiver of the ruling party member also expressed dissatisfaction with the majority of the ruling party's forced vote.


The ruling party is planning to complete the congressional review before the end of April, and hand it over to the committees.

Customs duties

And other 11 related laws and regulations, such as vehicle safety standards, etc., but at present, it will probably not be approved by the end of April, which will add pressure to the time when it will come into effect in July 1st this year.


Jin Zongxun, Minister of foreign affairs and trade negotiations in Korea, apologized for the plation of the Korean agreement. Due to the lack of time for plation and the lack of budget, he failed to make the list of the concessions and the regulations for the production of the plateau area to be examined by the external experts, resulting in 207 errors.


For the first time, the Ministry of foreign affairs and Commerce has set up online functions on the website, opening up the opinions on the contents of the agreement plation, and recruiting 3 professional plators for trade agreements. In the future, we will draft Korean plation texts in accordance with the agreement sections, hold relevant working meetings, and review and collect the opinions of the Chinese people through the professional institutions outside the country, and strengthen the plation and verification mechanism.


Han Mei FTA


Following the new agreement reached by Korea and the United States in December * (2010), the two sides completed the signing of the 6 additional agreements on Tariffs (automobiles, pork), safety standards, pparency, vehicle import defense measures, pharmaceutical products, final provisions and dispute settlement in February this year.


According to media reports, the Korean parliament will consider the approval of the United States Congress, decide its time to discuss the Korea us FTA.

According to the chairman of the unification and Trade Commission of the Korean parliament, it plans to cooperate with the US parliament in June of this year and discuss it at the latest of the regular parliament in September this year.


The opposition party said it did not accept Korea us FTA.

Supplemental agreement

The content should be withdrawn and reconsidered through the approval of the committee, and there is a misinterpretation of the Korean American FTA agreement similar to that of FTA.


On the other hand, on the US side's attitude, Sheila, the US Secretary of state, said when he visited South Korea to meet with President Lee Myung-bak, he would do his utmost to complete the FTA approval as soon as possible, and has now entered the final home (stretch).

In addition, President Lee Myung-bak also recently met with visiting members of the United States and Senate to seek his support for FTA.

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