US-SOUTH KOREAN AUTO SECTORS FOCUS ON TRADE DEAL IMPASSE
November 1st, 2009
BY KEITH NUTHALL and KARRYN MILLER
THE AMERICAN and South Korean auto sectors are closely watching the outcome of informal talks between their governments over removing trade barriers within the 2007 US-South Korea Free Trade Agreement, which still requires ratification. The deal was negotiated by the old Bush administration, and is now being reviewed by Obama team, ahead of any renewed ratification push in the US Congress - with the auto sector being a key focus.
The US has been pressuring South Korea for greater access to its market for exported automobiles ...
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