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   04-12-2009 14:01 여성 음성 남성 음성
USTR Wants FTA Ratified Without Change

The office of U.S. Trade Representative (USTR) wants a free trade pact with South Korea to be ratified without renegotiation, unlike the U.S. Democrats who are calling for an amendment, Yonhap News Agency reported Sunday, quoting sources in Seoul.

The two countries concluded their bilateral free trade agreement (FTA), called the KORUS FTA, in 2007, but U.S. ratification has been delayed reportedly due to opposition from President Barack Obama and Democrats controlling Congress.

According to Seoul's Ministry of Foreign Affairs and Trade and the office of Rep. Hong Jung-wook, a ruling party lawmaker, the U.S. trade journal "Inside U.S. Trade" reported Friday, "Assistant U.S. Trade Representative Danny Sepulveda had told business representatives that it is the intent of USTR to address outstanding issues on the pending free trade agreements with Panama, Colombia and South Korea without renegotiating their texts."

However, there was no comment on the timetable for the U.S. ratification of the FTA with South Korea, the ministry said.

It is the first time that the U.S. trade office has expressed its position that there is no need to reopen the texts of the KORUS FTA. Last month, the nominee for U.S. trade representative said the KORUS FTA is not acceptable as it stands.

Ahead of his election late last year, Obama labeled the deal "badly flawed," saying it does too little to narrow a huge trade imbalance in South Korea's favor, especially in auto trade.

In January, U.S. Secretary of State Hillary Clinton also cited the imbalance in the auto trade during her confirmation hearing.

South Korea has strongly ruled out revisiting the pact, which cleared a parliamentary subcommittee in February despite strong opposition from opposition parties.

If ratified, the FTA, touted as the biggest ever for South Korea, will knock down tariff and non-tariff barriers between the two economies, whose two-way trade reached $78.4 billion in 2007.





경찰, 이태원 등 외국인 밀집지역 특별관리

한국에 대해 무엇이든 답변해 주는 블로거가 있다

"빌 클린턴, 르윈스키 첫만남부터 불꽃 튀어"

'대통령 찬양' 댓글 알바들 딱 걸렸다

"北 휴대전화 요금이 무려... 놀라운 변화"

SNS에 '김정은 암살설'… 근거없다

美 '팝의 여왕' 휘트니 휴스턴 사망

[속보] "이집트 피랍 한국인 전원 석방"

3월 12일이 두려운 증권가

'600만명 학살 지휘' 잔인한 인물의 뒷얘기 공개


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