Business Roundtable Calls on Administration and Congress to Move U.S.-Korea Free Trade Agreement Forward
WASHINGTON--(BUSINESS WIRE)----Following the Korean Government's announcement that it will reopen its market to U.S. beef exports, Business Roundtable today urged Congress and the Administration to move ahead quickly on the U.S.-Korea FTA.
"The reopening of the Korean market to our American beef exports marks a critical moment in the progression of this important agreement," said John J. Castellani, president of Business Roundtable. "With this opportunity at hand, Business Roundtable reaffirms its commitment to working with our policymakers in a bipartisan effort to pass and implement the Korea FTA as soon as possible."
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http://www.businesswire.com/portal/...d=news_view&newsLang=en&newsId=20080418005712
South Korea already has free trade agreements with Chile and Singapore, and negotiations with the European Union are, according to EU negotiators, making "enormous progress." The next round of EU-South Korea FTA negotiations is scheduled for this month.
Settled after 14 months of a long negotiation with Korea, US-Korea FTA is going through a difficult time to get congress' ratification among political schedule of both countries. Though some people within nation showed negative opinions on FTA settlement with Korea, US-Korea FTA is definitely not a zero-sum game which only affects one nation but is a win-win game that is designed to develop both countries via mutual cooperation.
In the future you must provide a link for articles. In addition, you cannot post links on this board until you have 15 posts or more.
Thanks
Gunny