BREAKING NEWS

BREAKING NEWS

South Korea says after U.S. talks recognises need to amend trade pact

Now Reading:

South Korea says after U.S. talks recognises need to amend trade pact

Text size Aa Aa

WASHINGTON (Reuters) – South Korea indicated on Wednesday it was open to amending a free trade pact with the United States after initial differences over how to revise the 2012 agreement, which U.S. President Donald Trump called “a horrible deal.” After a day of talks in Washington, South Korea’s trade ministry said in a statement “the two sides recognised the need to amend the FTA to enhance mutual benefits of the KORUS FTA.” The U.S. trade representative, Robert Lighthizer, said the United States looked forward to stepped-up talks “to resolve outstanding implementation issues as well as to engage soon on amendments that will lead to fair, reciprocal trade.”

(Reporting by Lesley Wroughton; Editing by Jonathan Oatis)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.