ROK mulls clearing way to FTA with US
Afp, Washington
South Korea will seriously consider resolving trade issues with the United States that are dampening efforts to forge a free-trade agreement, South Korean Deputy Prime Minister Han Duck-Soo said Friday. But he could not provide a time frame by which the two allies could formally launch talks for an FTA even though American business groups want them to be inaugurated when President George W. Bush visits South Korea in November. "I cannot give you the definite time frame," Han, who is also finance and economy minister, told reporters after speaking to leaders of the US-Korea Business Council. On the possibility of the FTA talks being launched when Bush visits South Korea, he said that some bilateral trade issues had existed for some time and, "It is quite natural" for the two countries "to exercise our best efforts to minimize the trading conflict."
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