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SENIOR SENATOR HINTS AT EARLY DELIBERATION OF KOREA-U.S. FTA.
WASHINGTON, July 1 Asia Pulse - A senior U.S. senator supports congressional consideration of a free trade deal with South Korea if it means resumption of beef exports to the protest-torn nation.
"If (the arrangement) gets beef moving into Korea, I'm not going to quibble with it, but I have to say I don't like it," Senator Charles Grassley (R-Iowa) told Inside U.S. Trade, a U.S. trade magazine, published Monday.
The ranking Republican on the Senate Finance Committee, which is to deliberate the U.S.-South Korea Free Trade Agreement, noted that 97 per cent of beef shipments to South Korea should be from cattle under 30 months old.
"I am not going to be a stickler for the 3 per cent (remainder) over 30 months, because it's better to get the 97 per cent in instead of getting zero per cent in," he said.
Beef is not part of the wider free trade deal, but some congressmen have threatened to boycott the Free Trade Agreement unless beef shipments resume. Exports to South Korea first were suspended in 2003 after the first case of mad cow disease ...
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- SOUTH KOREA-US FREE TRADE DETRIMENTAL TO PUBLIC HEALTH: EXPERTS.
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- SOUTH KOREA RULES OUT 'UNBALANCED' FREE TRADE ACCORD WITH US.
- News wire article from: AsiaPulse News April 17, 2006 700+ words
...April 17 Asia Pulse - South Korea is unlikely to sign a free trade agreement (FTA...importance of such a free trade accord to South Korea's economy and security...growing market. For South Korea, a free trade pact with the U...
- MOMENTUM SLOWS AT SOUTH KOREA-US FREE TRADE TALKS.
- News wire article from: AsiaPulse News October 26, 2006 700+ words
SEOGWIPO, South Korea, Oct 26 Asia Pulse - With...ending their latest round of free trade talks, South Korea and the U.S. are shifting...since the North American Free Trade Agreement in 1994. South Korea is the seventh largest U...