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S. Korea, US Hold Third Round of FTA Talks

Written: 2018-03-16 08:49:29Updated: 2018-03-16 14:24:33

S. Korea, US Hold Third Round of FTA Talks

South Korea and the United States held a third round of talks in Washington on Thursday to revise their bilateral free trade agreement(FTA).

South Korea was represented by Yoo Myung-hee, the Trade Ministry's director general for FTA negotiations while the U.S. was represented by Assistant Trade Representative Michael Beeman. 

During the talks, the South Korean chief negotiator reportedly asserted that the U.S. move to slap heavy tariffs on steel imports, following its safeguard measures on South Korean washing machines and solar panels, is unfair.  

Washington repeated its calls on Seoul to ease non-tariff trade barriers in the auto sector and toughen country-of-origin regulations.

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