Thursday 27 March 2014

FTA letter to Obama from Korean law makers

PDF version is here.

THE NATIONAL ASSEMBLY OF THE REPUBLIC OF KOREA
1 Uisadang-daero, Yeongdeungpo-gu
Seoul 150-701, Korea


February 8, 2012
 

His Excellency Mr. Barack Obama
President of the United States
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500
U.S.A.
 

Dear Mr. President,
 

We are writing to express our deep concern about the Korea-U.S. Free Trade Agreement (“KorUS FTA”) and our belief that the agreement needs a significant revision prior to further advancements of its implementation process.
 

Resolution of the National Assembly to Urge Renegotiation of the Korea - US Free Trade Agreement

Resolution of the National Assembly to Urge Renegotiation of the Korea - US Free Trade Agreement

Introduced: December 23, 2011
Amended: December 27, 2011
Passed: December 30, 2011

DEMAND

The National Assembly of the Republic of Korea is acutely aware of the fact that concerns have been raised about potential damage to the balance of interests between Korea and the US regarding the investor-state dispute (hereinafter the "ISD") specified under Part 2 of Chapter 11 of the Korea-US FTA during the review of the "ratification agenda in the exchange of letters concerning the free  trade agreement between Korea and the US (hereinafter the "Korea-US FTA")";