Obama to urge ratification of the US-South Korea FTA in his State of the Union addres
Those skeptical of the US-South Korea FTA are arguing that US will suffer losses due to the agreement, whereas others are claiming that it will be a boost for the US economy.
South Korea is probably going through the same hassle as well.
Of course it would be to our advantage to further our gains from the FTA, but then it would no longer be a mutual agreement. It would rather be a one-sided pact, which will weaken and damage the US-South Korea alliance.
US-South Korea FTA is a mutually beneficial agreement, through which the US-South Korea alliance will be strengthened.
President Obama has always emphasized the significance of this FTA and is going to urge the Congress to ratify the deal in his State of the Union address.
A much debated agreement...
A quick ratification will surely be of help to our staggering economy..