Trade Agreements Blog

News and Resources to Help Your Business Manage Trade Agreements

According to the Korea Times, South Korea and the EU are getting closer to finalizing a free trade agreement.

“Korea and the EU share the view that an early conclusion of the FTA and upgrading the Framework Agreement for Trade and Cooperation, signed by the two sides in 1996, are crucial to developing future-oriented partnership,” said a joint statement issued at the end of the summit.

They also agreed to increase cooperation on issues related to North Korea’s nuclear program, the global economic crisis, climate change, the energy crisis and the United Nations’ global peacekeeping programs, the statement said.”

Even in a global recession, there has been a lot of free trade agreement activity. Many countries are looking to new export markets in hopes to jumpstart their industries at home.

Keeping up with all these trade agreements can be hard, but the benefits far outweigh the costs – especially when you have a program to automate your trade agreements. As you add more agreements, your cost savings increase exponentially.

If your company is trying to learn more about free trade agreements, check out the recent webinar from World Trade Magazine: “Moving Beyond Global Sourcing to Trade Agreement Management.”

The presenters address key findings from an industry survey on how companies are using FTAs and deliver best practices for your company to fully take advantage of FTA opportunities. It’s available on-demand (with a short registration page) until June 2010. Learn more at World Trade Magazine’s Webinar page.