negotiations Archives | Be Korea-savvy

Acting President Says Trump Apparently Ordered Immediate Tariff Negotiations with S. Korea, Japan, India

SEOUL, April 14 (Korea Bizwire) — Acting President Han Duck-soo said Monday that U.S. President Donald Trump “apparently” instructed his administration to conduct immediate tariff negotiations with South Korea, Japan and India. Han made the remark during a meeting with government officials and large business executives, referring to Trump’s actions after they held a phone [...]

Panel Votes Not to Differentiate Minimum Wage by Industry Next Year

SEOUL, June 17 (Korea Bizwire) — A tripartite panel tasked with determining next year’s minimum wage has agreed not to apply different rates to different industries, maintaining the current system, officials said Friday. The Minimum Wage Commission, which is composed of 27 representatives, nine each from labor, business and the general public, met at the [...]