Article: South Korea, U.S. Agree on Trade Pact

SEOUL, South Korea - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.

South Korea has "decided to accept a U.S. proposal to change the agreement" to reflect new U.S. guidelines calling for stricter labor and environmental standards for free trade deals, the Ministry of Foreign Affairs and Trade said.

South Korean Trade Minister Kim Hyun-chong and U.S. Trade Representative Susan Schwab will sign the agreement on June 30 in Washington, the ministry said.

The two sides need to sign the deal by then for it ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!