Sunday, August 22, 2010

Korea Wants Better Trade Agreement with US, Should Improve Automobile Sales


The South Korean ambassador to the USA, Han Duk-soo, wants to get more free trade between the States and our peninsular pals in Asia, and President Obama is looking to have the finer details worked out by next year.

To do so, the ambassador is pushing for "business leaders" in Michigan - a state where Hyundai/Kia invests $900 million annually - to support an agreement that could assist both countries in moving some more metal (and fruit). In his own words, American car imports into Korea "can and should be increased a lot more".

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