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   11-06-2009 11:31 여성 음성 남성 음성 News List
US Urges Seoul to Open Car Market

The top U.S. trade official Thursday linked the fate of a long-stalled U.S.-South Korean free trade agreement to Seoul's willingness to open its automobile market to American car makers, The Associated Press reported.

U.S. Trade Representative Ron Kirk told the U.S.-Korea Business Council in a speech that the ambitious trade deal could lead to American exports to South Korea rising by as much as $11 billion a year.

He said, however, that negotiators must deal ``with the legacy of Korea's long-closed market, especially with respect to autos,'' according to AP.

``Our market is open to Korean autos,'' Kirk said. ``All we are asking for is for our own auto companies to be able to compete on a level playing field in the Korean market.''

The two countries signed an accord in 2007 to slash tariffs and other barriers to trade, but the deal has since languished and has yet to be ratified by lawmakers.

A big worry in the U.S. Congress has been about South Korea's large surpluses in auto trade, especially as American auto companies suffer financially.

South Korea, one of Asia's leading economies, has said the deal stands, even as the Obama administration conducts a review of the Bush administration agreement.

Kirk said trade officials are developing proposals that deal with U.S. worries about auto trade. ``We believe that a level field is possible and within reach,'' Kirk said.

South Korea and the U.S. posted $84.8 billion in bilateral trade in 2008, making Washington South Korea's fourth-biggest trading partner after China, the European Union and Japan.





[단독] 르노삼성, 본사 모델로 한국 공략

"北 휴대전화 요금이 무려... 놀라운 변화"

'대통령 찬양' 댓글 알바들 딱 걸렸다

밸런타인데이에 받고 싶은건 초콜릿 아니다

美 '팝의 여왕' 휘트니 휴스턴 사망

SNS에 '김정은 암살설'… 근거없다

"빌 클린턴, 르윈스키 첫만남부터 불꽃 튀어"

F-15K 운영유지비 무려 10배 급증해

NASA, 달 뒤편에 중간기지 건설 검토

한국에 대해 무엇이든 답변해 주는 블로거가 있다


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