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AMCHAM to Actively Publicize KORUS FTA Benefits

The American Chamber of Commerce in Korea(AMCHAM) says it will actively publicize the benefits of the Korea-U.S. free trade agreement. AMCHAM Chairman James Kim said in a New Year news conference in Seoul Wednesday that now is the best time ... Read More

Korea on path to 3 percent growth in 2018

Government policymakers have expressed confidence that the Korean economy will easily see more than 3 percent growth this year following an estimated 3.2 percent expansion last year. They may not be overly confident, especially given the recovering world economy that ... Read More

Seoul needs to respond with principle to US FTA renegotiation pressure: KITA chief

South Korea must respond to the United States' unprecedented trade pressure with unwavering principle, the chief of the country's leading international traders organization said Tuesday. "South Korean representatives need to sit down at the negotiating table (with their US counterparts) ... Read More

S. Korea Grows 0.4% in Q4, Lowest in 1.5 Years

South Korea's economy grew at a slower pace in the fourth quarter of last year compared to three months earlier. According to preliminary data released on Wednesday by the Bank of Korea(BOK), the nation’s economy grew by zero-point-four percent in ... Read More

Korea mulls over resolving trade friction from THAAD at WTO

South Korea is exploring the "possibility" of resolving the ongoing trade and economic feud with China over Seoul and Washington's joint decision to deploy an advanced missile defense system through the World Trade Organization, a government source said Tuesday. In ... Read More

FTA Korea Selatan-Cina Dinilai Berimpas Positif Pada Ekonomi Korea

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S. Korea, Britain to Prepare for Bilateral FTA

South Korea and Britain will each launch a task force aimed at promoting a bilateral free trade deal. Seoul's Ministry of Trade, Industry and Energy said its representatives reached the agreement with the British Department of International Trade at a ... Read More

Korea faces increased non-trade barriers

South Korea has faced increased non-trade barriers raised by foreign countries in the past few years, while such measures around the globe declined, a report said Thursday. According to the report compiled by the Korea Chamber of Commerce and Industry, ... Read More