Biz/Finance
 
    
  
+Login    +Register    +Find Id / Pw Home  l  Archives  l  Learning Times  |  Sitemap  |  Subscription  l  Media Kit  l  PDF
    Home > Newszone > Biz/Finance >
  National
  Biz/Finance
    Photo News  
    Meet The CEO  
    Rediscovering Korean History  
    G-20  
    Best Global Brands in Korea  
    Korea: From Rags to Riches  
    New Global Reality  
    Global IRs  
    Global Brand of Korea  
    Green Finance  
    Expat Banking  
    The Rise and Fall of Business Empires  
    Economic Essay Contest  
    Industry Report  
    Business Report  
    Financial Report  
    Premium Brands  
    Stock Market Watch  
  BusinessFocus
  Technology
  Arts & Living
  Sports
  Opinion
  Community
  Special
  Science
  The Learning Times
     About English News
     iBT TOEFL
     Essay
     
 
   06-16-2008 19:45 여성 음성 남성 음성 News List
Trade Minister Continues Beef Talks

By Oh Young-jin
Staff Reporter

In a dramatic turn of events, Korea's Trade Minister Kim Jong-hoon Monday (Korea Standard Time) canceled his flight home at the last minute and decided to stay on at the request of his U.S. counterpart to rework the April 18 beef deal.

Kim's decision to stay for additional talks aimed at persuading the United States to provide official guarantees that it would not ship beef from cattle older than 30 months came hours after the Korean Embassy said in a news release that Kim had given up his third round of talks with his U.S. counterpart Susan Schwab. The pair held two rounds of talks but failed to make any progress.

The embassy said that the Kim was departing because Washington fully understood Seoul's stance, with technical matters to be discussed at a sub-minister level meeting.

``Minister Kim is staying in response to a U.S. request that more talks were necessary,'' said a spokesman for the Ministry of Foreign Affairs and Trade.

This also raised hope for an eleventh hour concession by the Americans, something Seoul is relying heavily on to defuse public antipathy towards the decision to allow imports of beef, hours before President Lee visited Camp David for his first summit with U.S. President George W. Bush.

The decision, which was unexpected as it came after Seoul's more selective stance, enraged the public who felt the government had failed to protect them and triggered a month-long civil disobedience campaign, peaking with a protest by hundreds of thousands in downtown Seoul on June 10.

In the face of these massive protests and a dismal drop in Lee's popularity to below 20 percent, Cheong Wa Dae said that it would reshuffle the presidential secretariat along with the Cabinet whose members tendered their resignation en masse.

The visit came after high-powered delegations including a senior presidential secretary received a cool reception from their U.S. hosts.

During previous talks, Minister Kim asked Schwab to grant an export verification program to Korea-bound beef shipments, similar to the one applied to shipments to Japan, now held in abeyance, that provided U.S. Department of Agriculture's guarantees of beef from young cattle, believed to be safer than that from cattle aged 30 months or older.

South Korea banned U.S imports in 2003 after a case of mad cow disease was detected, the first of three confirmed cases in the United States. In April this year, Seoul agreed to reopen its market to U.S. beef imports, scrapping nearly all quarantine regulations.

foolsdie@koreatimes.co.kr





[단독] 르노삼성, 본사 모델로 한국 공략

"北 휴대전화 요금이 무려... 놀라운 변화"

'대통령 찬양' 댓글 알바들 딱 걸렸다

'한국 SNS, 뭔가 다르다' 해외서 인기폭발

"잡귀 쫓아라" 부모가 삼남매 매질로 굶기고 매질... 충격

밸런타인데이에 받고 싶은건 초콜릿 아니다

F-15K 운영유지비 무려 10배 급증해

민주, PK 여론조사 선전에 고무

E.T. 지구인의 존재 알고있다

NASA, 달 뒤편에 중간기지 건설 검토


 
 
[Exclusive] Renault Samsung aims for d..
Maintenance cost for F-15K soars 10-f..
Opposition’s rise in Busan alerts ruli..
Samsung chairman Lee Kun-hee sued by e..
Medical Internship abolition plan shel..
Moody's cuts ratings on Italy, Portuga..
Smart TV spat pits KT against Samsung
Fine dust in Seoul and metropolitan ar..
Samsung CEO sued over inheritance
US court favors Dongguk over Yale
(575) Arriving at a restaurant
Money Is Winner
More belt-tightening for Greece
Participants in the FTA Business Plaza 2012 talk