Clinton: Obama committed to S.Korea trade deal

By REUTERS
April 17, 2011 04:22

 
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SEOUL - US Secretary of State Hillary Clinton said on Sunday the Obama administration was committed to passing a long-delayed free trade agreement with South Korea, and that the pact was ready for review by Congress.

US and South Korean trade negotiators struck a deal in December on a free trade pact, which was signed in 2007 but had not been ratified for three years because of US auto and beef industry concerns.

However, both the US Congress and the South Korean parliament have yet to pass bills to approve the pact, despite US President Barack Obama's renewed push for ratification.

"I want to state as strongly as I can how committed the Obama Administration is to passing the Korea-US Free Trade Agreement this year," she told a gathering of business leaders in Seoul during a whirlwind trip through South Korea and Japan.

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