Trump effect: Israel-South Korea Free-Trade Agreement in Final Stages

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“This, the report said, is partly due to the recent Abraham Accord between Israel and the United Arab Emirates, “which rendered the agreement acceptable from the point of view of South Korea’s trade relations with the Arab world.”

The FTA between Israel and South Korea will be absolutely huge for Israel’s economy. It also represents another humiliating defeat for the neo-Nazi Palestinian Authority, and the BDS (Boycott the Jews Movement). In fact, the third quarter of 2020 will be remembered as one of the most devastating in the history of the anti-Israel movement.  By the way, according to various reports the Israel-South Korea FTA, will soon pave the way for comparable agreement between Israel and Japan.

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Israel-South Korea Free-Trade Agreement in Final Stages

By Algemeiner, September 9, 2020

Israel and South Korea are in the final stages of reaching a free-trade agreement in the next few weeks.

Israel’s business daily Globes reported on Tuesday that talks between Jerusalem and Seoul have been ongoing for a few years but had been delayed for political reasons, are now bearing fruit. This, the report said, is partly due to the recent Abraham Accord between Israel and the United Arab Emirates, “which rendered the agreement acceptable from the point of view of South Korea’s trade relations with the Arab world.”

An Israeli Foreign Ministry spokesperson told Globes that “the free-trade agreement with South Korea is in the final stages of drafting, and we hope that within a few weeks it will be possible to sign it. Advanced talks on a free-trade area are also taking place with China and Vietnam.”

According to the report, one of the key sectors to benefit from the agreement will be Israeli car importers, as the deal would remove the 7 percent duty on vehicles from South Korea and those produced by manufacturers in Europe that use many components made in South Korea.

Nearly one-third of cars sold in Israel are from a South Korean manufacturer. In the first half of 2020, Hyundai Motors and its subsidiary Kia took 27 percent of the market share of new cars sold in Israel, according to the report.

A source in the vehicle import industry told Globes that the South Korean agreement also would lead to a free-trade agreement with Japan.

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joe shmoe
joe shmoe
3 years ago

2 awesome countries, wish i could visit one day

DemocracyRules2
DemocracyRules2
3 years ago
Reply to  joe shmoe

Why We Fight. Because Iran could be like this again, and be our allies.
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RebelFred
RebelFred
3 years ago

The average Iranian is not our enemy, the psychopaths in charge are, same way with China.

MuhamMUDTheFakeProphet
MuhamMUDTheFakeProphet
3 years ago
Reply to  RebelFred

Hmmm, how do you know this? Was the average nazi an enemy of the free world?

RebelFred
RebelFred
3 years ago

1% of the general population are psychopaths

Dr. Robert Hare, Criminal psychology researcher, Creator of
the PCL-R

MuhamMUDTheFakeProphet
MuhamMUDTheFakeProphet
3 years ago
Reply to  RebelFred

Islum manufactures psychopaths — just like nazism did.

RebelFred
RebelFred
3 years ago

Don’t forget communists and democrats and fascists, psychopaths are always driven to positions of power!

Some, not all but some, psychopaths go into politics, many as elected Democrats.
Review this list of traits and keep Obama and Hillary in mind.
The DSM IV lists these traits for psychopaths. N.B. it is not necessary to possess all of these traits to be a psychopath; a preponderance of them will do. Psychopaths are:

Selfish, callous, and remorseless in their use of others; they show:
Glibness/superficial charm (smooth-talking, engaging, and slick)
Grandiose sense of self-worth (greatly inflated idea of one’s abilities and self-esteem, arrogance and a sense of superiority)
Pathological lying
Conning/manipulative (uses deceit to cheat others for personal gain)
Lack of remorse or guilt (no feelings or concern for losses, pain, and suffering of others)
Emotional poverty (limited range or depth of feelings)
Callous/lack of empathy (a lack of feelings toward others; cold, contemptuous, and inconsiderate)
They fail to accept responsibility for own actions and live a chronically unstable, antisocial, and socially deviant lifestyle.

Moreover, psychopaths show these traits as well:
Need for stimulation/proneness to boredom (an excessive need for new, exciting stimulation and risk-taking)
Parasitic lifestyle (exploitative financial dependence on others)
Poor behavioral control (frequent verbal abuse and inappropriate expressions of anger)
Promiscuity (numerous brief, superficial sexual affairs)
Lack of realistic, long-term goals
Impulsivity
Irresponsibility (repeated failure to fulfill or honor commitments and obligations)
Juvenile delinquency (criminal behavioral problems between the ages of 13-18)
Early behavior problems (before age 13)

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DemocracyRules2
DemocracyRules2
3 years ago
Reply to  RebelFred

Well Iranians are mostly Muslims, and Iran was never a great friend of the USA. But at least, Iran was not constantly trying to destroy the USA, like the Mullahs are doing now.

MuhamMUDTheFakeProphet
MuhamMUDTheFakeProphet
3 years ago

“Allies”? Huh? Even under the Shah Iran was no ally of Israel. Iran stayed neutral throughout the Arab-Israeli wars, which is not the action of an ally. The Shah of Iran had NOTHING to say about Turkey’s invasion, ethnic cleansing and creation of a rump muslum puppet state out of 40% of Cyprus, nor did he complain about the Achille Lauro hijacking or the Entebbe hijacking. R U a muslum propagandist?

MuhamMUDTheFakeProphet
MuhamMUDTheFakeProphet
3 years ago

“which rendered the agreement acceptable from the point of view of South Korea’s trade relations with the Arab world.”
Sad, even S. Korea kowtows to the muslum petrocracies.

lostlegends
lostlegends
3 years ago

This will be a great combination.

DemocracyRules2
DemocracyRules2
3 years ago

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RebelFred
RebelFred
3 years ago

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Drew the Infidel
Drew the Infidel
3 years ago

Has anyone else noticed that Trump is diplomatically setting about doing momentous things to make himself worthy of the Nobel Peace Prize for which he has been nominated while all Obhammud did was have a heartbeat?

BITE ME, Democrats
BITE ME, Democrats
3 years ago

TRUMP IS ALREADY WORTHY. I DOUBT HE CARES, ESPECIALLY AFTER OBAMA, THE FAUX PRESIDENT, WON IT BECAUSE HE WAS BLACK.

RebelFred
RebelFred
3 years ago

Yeah but he was half black that should count for something! ????????????

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Stephen Honig
Stephen Honig
3 years ago

Trump seizes to amaze me every day!

RebelFred
RebelFred
3 years ago
Reply to  Stephen Honig

Trump lied, he said we would get tired of winning, I not tired of winning and I don’t think I ever will be!

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mackykam
mackykam
3 years ago
Reply to  Stephen Honig

???

BITE ME, Democrats
BITE ME, Democrats
3 years ago

Patriots, arise! National Drop the Masks Day’ is Oct. 19

https://www.wnd.com/2020/09/patriots-arise-national-drop-masks-day-oct-19/

SPREAD THE WORD!

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