Monday, February 14, 2011

Obama Plans to Step Up Talks on Free Trade Pacts

The United States trade representative, Ron Kirk intensify free trade with South Korea. The congress had been dragged because of opposition among democrats in congress; violence and week laws. Mr. Kirk goes Columbia, with a goal to develop "workable men" with human right groups to fix one of the democrats. Mr. Kirk stated the agreements of trade should be enforceable and highest standard and America's interest.


Personally, I do not agree with the free trade with US. Since South Korea does not have a strong economy, people will be saving money by buying cheap imports from the US, like rice or meat. Then South Korea farmers will be having hard time recovering their incomes. With the initiation of FTA, Korea's economy will surely collapse especially the ones who are related to agriculture.

http://www.nytimes.com/2011/02/10/business/10trade.html?_r=1&scp=4&sq=South%20Korea&st=cse

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