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AMERICAN, S. KOREAN ENVOYS TO JOINTLY PROMOTE FTA DEAL IN U.S.

AsiaPulse News

| May 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL/WASHINGTON, May 3 Asia Pulse - U.S. Ambassador to South Korea Alexander Vershbow said Wednesday he will begin a weeklong tour of seven American cities later in the day.

His trip with South Korea's top envoy in Washington Lee Tae-sik, sponsored by the Korean Economic Institute, is aimed at advertising the mutual benefits from the free trade agreement (FTA) sought by the two countries.

The ambassadors are scheduled to visit Los Angeles, Seattle, Minneapolis, Saint Louis, Detroit, Kansas City, and Washington.

South Korea and the U.S., which have almost wrapped up preliminary discussions, are set to launch full-scale talks on the FTA early next month with the aim of signing the deal within a year.

While economic policymakers and business leaders in both nations hail the FTA as a win-win move, some experts call for a cautious approach.

"Lots of questions are being asked about the FTA in the United States, and I look forward to addressing some of those when I travel to seven cities in the United States with Korea's Ambassador to the U.S., Lee ...

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Source: HighBeam Research, AMERICAN, S. KOREAN ENVOYS TO JOINTLY PROMOTE FTA DEAL IN U.S.

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