Korea-EU trade pact to speed U.S. ratification of Korea

By Hwang Doo-hyong, Yonhap News Agency

South Korea’s signing of a free trade agreement with the European Union will help expedite the ratification of a similar deal by U.S. Congress, South Korean Ambassador Han Duck-soo said Tuesday.

“Negotiations for the FTA with the EU started after we signed the FTA with the U.S., but the implementation of the FTA with the EU is imminent,” Han told South Korean lawmakers who were here for an annual parliamentary inspection of the embassy. “That shocked many Americans leading public opinion.”

South Korea signed an agreement last week with the EU for the provisional implementation of the bilateral free trade deal from July.

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