U.S. could approve Korean trade deal by summer: envoy

U.S. could approve Korean trade deal by summer: envoy

Reuters

Congress could ratify an ambitious free trade deal with South Korea in the next few months, provided a simmering dispute over beef imports is settled, the U.S. ambassador to South Korea said on Monday.

South Korea and the United States in April 2007 struck a landmark free trade agreement (FTA) that studies said would boost their two-way, $78 billion annual trade by $20 billion. The deal has not yet been approved by legislatures in either country.

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