U.S. and South Korea are going down to the wire to solve differences on cars

Article by Christian A., on November 14, 2010

The United States and South Korea are resolutely working on a free-trade agreement between the two countries and both sides are trying to resolve the differences on cars in preparation for the leaders’ meeting.

Washington says that South Korea’s auto standards discriminate against American cars and act as non-tariff barriers, which keeps their market share at less than one percent.

In their second day, U.S. Trade Representative Ron Kirk and South Korean Minister for Trade Kim Jong-hoon were not able to resolve issues brought by the U.S. auto industry and holding up approval by the U.S. Congress.

South Korea’s Deputy Minister for Trade overseeing FTA talks, Choi Seok-young, says Tuesday’s talks focused on U.S. concerns that the deal signed three years ago is not enough to ensure access to South Korea’s auto market for U.S. manufacturers.

Choi adds that the U.S. side is concerned about greenhouse gas emission standards and automobile fuel mileage. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Infiniti revealed its retro Prototype 9 race car before its slated debut at 2017 Pebble Beach Concours d'Elegance next week. In a recent press release, the company not only disclosed...
by - August 16, 2017
In the United States, not many automakers offer crossovers with a diesel engine option, but Chevrolet does, with their 2018 Equinox. Those who opt for this engine will get some...
by - August 16, 2017
Here are some things that potential buyers of the Ford F-150 and Ford Expedition could look forward to for the 2018 model year. The 2018 models of the F-150 pickup...
by - August 15, 2017
We first saw the McLaren 720S earlier this year when it made its debut at the Geneva Motor Show, and we all agree that it is a beautiful car. But...
by - August 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries