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Korea, U.S. agrees to amend bilateral FTA

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한미, FTA 개정협상 착수 사실상 합의 Let's start things off with an update... on the ongoing trade negotiations between South Korea and the U.S..The two sides have gathered for a second round of discussions in Washington,... where they agreed to push for an amendment... to their five-year-old free trade deal.Kim Ji-yeon has our top story. Korea and the United States agreed to amend their bilateral free trade agreement to further strengthen mutual benefits... after a second round of talks held between Trade Minister Kim Hyun-chong and his U.S. counterpart Robert Lighthizer in Washington.The Ministry of Trade, Energy and Industry says... the two sides agreed on the need for changes... after extensive discussions on various issues related to the deal as well as the focus and direction of an amendment. With this, the ministry says it will carry out necessary procedures to begin negotiations for an amendment starting next week,... including a study, public hearings and reports to the National Assembly.Heated debate is expected on the amendment's impact on the country's automobile, steel and agricultural sectors... while the amendment process itself could be initiated early next year. In the five years since the FTA came into effect in 2012... bilateral trade between the two countries reached 112-point-2-billion U.S. dollars... with Korea being the sixth largest trading partner of the U.S.The move is seen as a concession by Seoul... to the requests from Washington,... which sees the deal as unfavorable to American businesses and workers.Calls to terminate the FTA came about after U.S. President Donald Trump called it a "job killer" and a "horrible deal" during his presidential campaign last year.Kim Ji-yeon, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------[Subscribe Arirang Official YouTube]ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------[Visit Arirang TV Official Pages]Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------[Arirang K-Pop]YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld

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arirang tv south korea korean SouthKorea ArirangNews news arirangtv 아리랑tv 아리랑뉴스 뉴스 북한 northkorea 대한민국 Korea korea America U.S.A. US of A USA Columbia Land of Liberty New World U.S. land of opportunity the States United States you together math united states abreviations yourself people apples mexico america rio grande yeah sure uhha too right absolutely alright aye mon then okay yes worthless useless trash unsuitable serviceable excellent suitable badass bdass paul russell set concur grant concede sign admit settle allow comply accede okay consent engage permit check yes buy into pass on shake on reject deny refuse resist object oppose differ conform accord square concert fit consort attune tally concord equal click answer cohere jibe suit blend match divide clash acknowledge acquiesce agree assent bear bear with bow capitulate defer to don't make waves don't rock the boat endure fit in go along with live with play the game recognize respect sit still for stand stand for stomach submit to suffer swallow take tolerate yield to accustom adapt adjust bend over backwards compose coordinate correspond go by the book 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requited respective returned two-sided united amphibian amphibious bicameral bifurcate bigeminal binal binary bipartisan bipartite bisected dichotomic dichotomous diploid distichous dual dualistic dyadic two reciprocative fta F.T.A FTA arirang near port right icy warm hot same hard to left larboard nigh side portside sinister sinistral south arctic extreme farthest freezing frigid frozen glacial north terminal left polar South korea Korea ko-re-a south korea communism war mine death koreans kimchee boa big bang super junior sm entertainment koreatown north south asia japan emily ashtyn ellise Asian Chinese Japanese Korean byzantine oriental korean South Korea south korea starcraft korea keke seoul south rok north korea asian japan china kimchi samsung corea north boa hyundai story word advice account report message data rumor hearsay telegram tidings dispatch telecast scandal leak telling copy cable recital scoop release bulletin exposé lowdown silence truth history admonition 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summary translation utterance work buzz intimate intelligence juicy morsel the lowdown dirt NEWS North Korea north korea fun fun fun party awesome the bomb totally fun south korea evil oppressive country asia stalinist detroit kim jong il kim il sung communist shithole george w. bush korea war wmd nuke worthless stupid idiotic gulag josef stalin stalin concentration camp massacre poverty hitler sadness seperation dictatorship false communism starvation
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