Washington to Take Action on Korea-U.S. FTA

  • Arirang News

    July 22, 2011 13:16

    The Obama administration will soon make an announcement on the timing of its submission of the three pending free-trade agreement, including one with Korea, to Congress.

    Speaking at the Coalition of Service Industries Global Services Summit in Washington D.C. on Wednesday, U.S. Trade Representative Ron Kirk said the Obama administration is working closely with congressional leaders to pass the trade agreements with Korea, Colombia, and Panama as it is vital that the U.S. brings home the job-creating benefits of these pacts as soon as possible.

    Kirk added that he has no doubt that the trade deals will be approved and the administration will do everything to have the FTAs ratified quickly.

    His remarks come on the heels of the White House Chief of Staff William Daley's remarks a day earlier that hinted at a possibility of the FTAs missing out on ratification before the August recess of Congress.

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