FM Cho says Korea is not deliberately delaying legislative process for trade deal

Foreign Minister Cho Hyun said Thursday he told U.S. Secretary of State Marco Rubio that Korea is not deliberately delaying a legislative process needed to implement its investment pledge under a bilateral trade deal. Cho made the remarks during a press meeting, pointing out that Rubio noted an unfavorable atmosphere in the United States regarding a lack of progress in the implementation of Seoul’s commitments under the trade deal, as he met the secretary on the eve of a U.S-hosted ministerial meeting on critical minerals in Washington. The talks between Cho and Rubio came after U.S. President Donald Trump threatened last week to raise “reciprocal” tariffs and auto, lumber and pharmaceutical duties on Korea to 25 percent from 15 percent, citing a delay in the parliamentary process to pass a special investment bill facilitating the implementation of the trade deal. “Secretary Rubio said he would frankly share that while the relationship between Korea and the U.S. is not in a bad situation, the internal climate in the U.S. is not good regarding (Korea’s) implementation of trade-related co

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