South Korea argued, rightly, that such a safety net is essential if emerging economies are able to withstand financial crises without piling up ever-larger foreign-exchange reserves.

韩国认为这样的安全网对那么没有巨额外汇储备的新兴经济体能够经受住金融危机时是必要的。

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South Korea has argued that it shouldn't be wholly reliant on outside counties for the nuclear fuel that powers much of its electrical supply.

WSJ: Seoul Seeks Ability to Make Nuclear Fuel

Without an emergency injection of dollars, it is argued, companies in South Korea and the rest would default on their debts.

ECONOMIST: Kill or cure?

Opposition to the treaty has come especially from European carmakers who have argued the agreement benefits South Korea by allowing Korean manufacturers to reclaim duties paid on cheap imports from neighbouring countries - so-called duty drawback.

BBC: EU-South Korea trade deal backed by European Parliament