South Korea said Thursday it is ready for talks to ease US automakers' concerns about a stalled free trade agreement, as US President Barack Obama cautioned that several issues must still be settled. More »
South Korea said Thursday it is ready for talks to ease US automakers' concerns about a stalled free trade agreement, as US President Barack Obama cautioned that several issues must still be settled. More »
Malaysia said Wednesday that Washington had indicated it will abandon a bilateral free-trade deal under negotiation since 2006, and will instead work towards a regional trade pact.
Asia-Pacific powers including the United States and China Sunday vowed to overhaul the crisis-stricken world economy, rejecting protectionism and touting plans for a gargantuan free market.
US President Barack Obama came under fire Saturday from Asia-Pacific leaders for backsliding on free trade at a regional summit devoted to driving the world economy out of crisis.
President Barack Obama raised hopes for creating an Asia-Pacific free-trade region by announcing Saturday that the U.S. would seek to join a smaller group seen as a precursor to a broader Pacific Rim agreement.
WELLINGTON, Nov 13 (Reuters) - New Zealand has reached a free trade agreement with Hong Kong, its ninth biggest export market and eight biggest foreign investor, aimed at boosting business worth more than NZ$1 billion ($730 million), the trade minister said on Friday.
* Free trade deal would open China to Costa Rica coffee
Asia-Pacific economies pledged on Thursday to pursue a giant free-trade zone covering 2.6 billion people and called for easier access to green technology to combat climate change.
Asia-Pacific ministers representing 2.6 billion people pledged to pursue a vast free-trade zone on Thursday, but faced more pressing tensions over the US and Chinese currencies at annual talks.
The presidents of South Korea and Peru agreed Thursday to expand economic ties and called for efforts to quickly conclude free-trade negotiations.
Peruvian President Alan Garcia said Thursday a free trade deal between his resource-rich country and South Korea is near.
SEOUL, Nov 12 (Reuters) - Resource-rich Peru is close to sealing a free trade agreement with South Korea that will expand their $1.6 billion a year bilateral trade, Peru's President Alan Garcia said on Thursday.
The leaders of South Korea and Chile agreed Wednesday that a free trade pact signed five years ago should be revised to further strengthen economic ties, officials said.
Singapore called Tuesday for creating an ambitious Asia-Pacific free trade area comprising about half of global trade, as it warned nations that any backsliding on trade liberalization would be disastrous.
South Korea wants US President Barack Obama to push more aggressively for approval of a free trade agreement the two countries signed more than two years ago, a Seoul official said Monday.