Seoul and Washington have reached an agreement “in principle” that would revise the Korea-US Free Trade Agreement (KORUS), South Korea’s trade ministry confirmed this week. The tentative agreement reportedly includes concessions from the Asian country on trade in automobiles and establishes a quota on Korean steel exports bound for the United States.
Read Full Article: Link
Topics: REGIONAL TRADE AGREEMENTS (RTAS)
Agreements: KOREA-UNITED STATES (KORUS)