Ongoing Challenges For FTA

August 2006 | Ratings Update

South Korea may drop attempts to include products made in the inter-Korean Kaesong industrial park (situated in North Korea), after a senior US official ruled out the possibility of a free trade agreement otherwise. Deputy Finance Minister Chin Dong-soo said the issue might have an 'unfavourable' impact on South Korea, and suggested resolving it through 'political or other means'. According to some government officials, Seoul may instead link the matter to the resumption of six-nation talks on North Korea's nuclear programme, although an official in the Foreign Affairs and Trade Ministry, the body in charge of the negotiations, has said

If you would like to subscribe to China & North Asia Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to China & North Asia Monitor please click on the trial link below.