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Economy / South Korea

Still Room For Beef In KORUS FTA

June 2007 | Market Alert
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The issue of US beef exports to South Korea continues to be a bane for the free trade agreement (FTA) signed by the US and South Korea on April 2. The issue threatened to scupper the entire deal as the two parties failed to settle all their differences before the crucial deadline. The compromise reached in the late-night wrangling has allowed US President George W. Bush to sign the trade bill before his fast-track trade mandate expires on June