US Vice President: Washington Looking to Upgrade Korea Trade Deal

April 27, 2017

The US is hoping to launch negotiations with South Korea on upgrading their five-year-old trade deal, also known as the KORUS FTA, according to comments made by US Vice President Mike Pence during a trip to Asia earlier this month. Speaking in Seoul on 18 April, the US official suggested that doing so could help address areas "where our trade relationship is falling short," while noting that the two sides do have deep-seated economic ties.

 

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This news item is a product of Bridges News, a leading source of objective and timely information on trade and sustainable development.

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Topics: BILATERAL INTEGRATION REGIONAL TRADE AGREEMENTS (RTAS)

Agreements: KOREA-UNITED STATES (KORUS)

Regions: UNITED STATES SOUTH KOREA

Authors: INTERNATIONAL CENTRE FOR TRADE AND SUSTAINABLE DEVELOPMENT (ICTSD)

RTA

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