Opportunities for New Zealand and Australian businesses because of recently passed bilateral FTAs are immense. Korean consumers, increasingly, are looking for quality food products and the “fresh/pure” image of New Zealand and Australian products places these nations’ products at the top of the minds of Koreans. New Zealand’s largest exports are: dairy, beef, lamb, wine,wood and fruits. While, Australia’s leading exports are: coal, oil & gases, iron ore, precious metals, beef and certain agricultural products. We suspect to see, from these FTAs more interest from consumers in
Continue readingCategory: Korea Maritime Law
Law of the Sea: Vessel Security
My friend over at Norwich University has some interesting stats on Article 110 of UNCLOS. While Somali incidents have dropped 95 percent to seven cases in 2013, piracy in Southeast Asia is exploding. As you may have heard, eight hundred thousand gallons of diesel was recently pilfered from a large oil tanker in the Strait of Malacca. Korea has sent ships to the region. The area is clearly the world’s new piracy hotspot. Attacks and attempts in the waters of Indonesia, which controls much of the Malacca Strait,
Continue readingWeekly Korean Legal News From International Law Firm – IPG Legal for the Week of June 16, 2014
Weekly Korean Legal News From International Law Firm – IPG Legal for the week of June 16, 2014Korean Legal News Reported by the Media on the Week of June 16, 2014 Watchdog to Tighten Monitoring of Stock Trading by Paper Companies FSC, FSS Fight Over Authority Samsung and Korea’s Copy Culture Uzbekistan, South Korea Sign Declaration on Strategic Partnership Development Korea, China Discuss Maritime Border Most Recent Posts from The Korean Law Blog Korean Immigration Law’s 20% Rule Challenged Material Breach of Contracts Under Korean Law: Primary
Continue readingKorea in EU’s Hot Water: Korean Fishing Sanctions by EU
A delegation from the EU is in Korea investigating allegations that Korea is illegally fishing in European Union and surrounding waters. The Directorate General for Maritime and Fisheries of the EU will spend three days in Korea to determine if sanctions should be imposed on Korea for not cooperating with obligations under treaties. Sanction could lead to a ban on Korean fishing in the EU. Korea has, previously, been warned by the European Commission, along with Ghana and Curacao, that it is not meeting its obligations under
Continue readingIs the Sewol Tragedy a ‘Korean Self Portrait’? by Tom Coyner
Sometimes it’s amazing how much we foreigners in Korea live in a bubble. We see the demonstrations and the yellow ribbons. We witness the media mourning and criticizing. And yet, often we foreigners still don’t get what is really going on here – or, at least, we miss an important aspect of a current event. A case in point is the furor created by an immigrant to Chicago, Jo Kwang-dong, a newspaper publisher and television executive in the overseas Korean community. He has written a remarkable essay,
Continue readingWeekly Korean Legal News from International Law Firm – IPG Legal
Last Week’s Korean Legal News Reported by the Media Korea Ferry Captain, Three Crew Charged with Homicide Samsung Offers to Reward Ill Workers Court Confirms Apples Did Not Infringe Patents Dokdo Deemed Integral Part of Korea International Marriage in Korea – Legal Issues President Park Vows to Disband Coastguard Most Recent Posts from Korea Law Blog Gangnam Pub to Host Free Legal Consultations Defamation Under Korean Law LG Electronics Succeeds at Supreme Court Liquidated Damages, Penalties, and Confusion in Korean Contracts ___Sean Hayes may be contacted at:
Continue readingKorea’s Samsung One of the Top 10 Most Innovative Companies: Booz & Co.
Booz & Co. yearly ranking of the 10 most innovative companies places Apple in the top spot with Samsung closely behind. What do you think? What do you think about Samsung’s spending on R & D compared to Apple? Toyota is the only company on the list that outspends Samsung on R & D and is the 6th largest company in terms of R & D spending. Courtesy of Flick, Dennis Goedegebuure. Interesting that Amazon makes the list. What is so innovative about Amazon? They seem to
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