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US,
S Korea sign free-trade pact
Washington: The US and South Korea have entered into
a free-trade agreement (FTA), though the US Congress is
expected it may not approve the pact.
Democratic
lawmakers have vowed to vote against the FTA unless it
is amended to address South Korea's non-tariff barriers,
especially in the automotive industry.
The
Republicans say the signed FTA 'will stand on its own,
without amendment,' and add the Democrat-controlled Congress
'will come to understand the details and learn just how
compelling a deal it is.'
Bush,
in a written statement, said the FTA will generate export
opportunities for US farmers, ranchers, manufacturers
and service suppliers, promote economic growth and the
creation of better paying jobs in the US, and help American
consumers save money while offering them greater choices.
The
agreement is the biggest US free-trade deal since the
1993 North American Free Trade Agreement (NAFTA), and
the two sides concluded negotiations on the pact on April
1 after 10 months of talks.
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Chinese
asks US to revoke seafood ban
Beijing: China wants the United States to quickly
revoke the "indiscriminate" ban on four kinds
of seafood exports quickly and properly deal with the
problem.
According
to the director of the State Administration of Quality
Supervision, Inspection and Quarantine, Li Changjiang,
China will not accept the indiscriminate and automatic
detention of four kinds of Chinese seafood by the United
States and the ban on importing those products."
Li
made the remarks during a telephone conversation with
US Health and Human Services Secretary Michael Leavitt,
urging him to deal with the issue after Washington announced
the ban some Chinese seafood Thursday.
Li
said China also detected many substandard foodstuffs among
US exports to China every year, and these problems were
properly handled in the principle of cooperation.
The
US Food and Drug Administration (FDA) said on Thursday
it would detain three types of Chinese farm-raised fish
-- catfish, basa and dace -- as well as shrimp and eel
unless suppliers could prove the shipments contained no
harmful residues unapproved in the US for use in farmed
seafood.
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