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U.S. informs South Korea plans to start talks to amend trade pact

Reuters  |  WASHINGTON 

WASHINGTON (Reuters) - The United States notified South Korea on Wednesday it plans to start negotiating amendments to a five-year-old free trade agreement with Seoul and called a meeting to kick off the talks for next month.The announcement came months after U.S. President Donald Trump said he would either renegotiate or terminate what he called a "horrible" trade deal.U.S. Trade Representative Robert Lighthizer, acting on Trump's instructions, said the joint committee under the U.S.-Korea Trade Agreement (KORUS) would meet in Washington next month. No date has been set."Since KORUS went ...

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First Published: Thu, July 13 2017. 05:52 IST