TAX-NEWS.COM (Tax-News.com) It emerged on Friday that Korea has lifted restrictions on the importing of US beef, put in place following a 2003 outbreak of 'Mad Cow Disease', a move likely to hasten the implementation of a free trade agreement between the two countries. [News Source]

TAX-NEWS.COM (Tax-News.com) Free trade agreements have featured high on the agenda for the South Korean authorities this week, with announcements that the country plans to push for such deals with China and Russia, and discussion of the sticking points in negotiations with the United States. [News Source]