KORUS FTA Faces Renegotiation

During a meeting with South Korea’s President Lee Myung-bak, the parliamentary opposition leader, Sohn Hak-kyu, has insisted that the text of the South Korea-United States free trade agreement (KORUS FTA) should be renegotiated.

Originally signed in 2007, protracted negotiations last December had permitted both sides to declare that they had successfully resolved all of the outstanding issues surrounding the KORUS FTA, particularly with regard to concerns then being expressed by the US motor industry.