South Korean opposition adviser says renegotiated US FTA won't hurt trade

South Korean opposition adviser says renegotiated US FTA won't hurt trade

South Korean opposition adviser says renegotiated US FTA won't hurt trade

Vice President Mike Pence, while in South Korea, yesterday, where he visited the DMZ among other places, issued fresh warnings against Pyongyang, which were met with equally belligerent language from North Korea. And it seems altogether fitting that as Vice President I could be here to personally express the timeless bond between the people of South Korea and the people of the United States of America.

The remark was referring to the growing United States trade deficit derived from excessive barriers for USA businesses in the South Korean market.

On the third day of a swing through Asia, Pence told a business group in Seoul that the U.S.' trade relationship with South Korea is "falling short" and that a trade agreement between the nations is under review.

He said the US plans to strengthen its presence in the Asia-Pacific region and remained dedicated to the protection of Japan.

He also said, "We are with you 100 percent", adding that the USA always seeks peace.

The U.S. trade deficit in goods with South Korea increased from $13.2 billion in 2011 to $27.7 billion a year ago, according to U.S. government figures. And all options are on the table to achieve the objectives and ensure the security of the people of this country and the stability of this region.

Pence has used the first stops on his 10-day visit to Asia Pacific to stress the Trump administration's strong commitment to U.S. allies in the face of hostile rhetoric from Pyongyang.

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A plan to move 50,000 American troops and their families now in South Korea away from the North Korean border is a top priority, said Pennsylvania U.S. Rep. Charlie Dent.

North Korea's deputy representative to the United Nations, Kim In Ryong, accused the United States on Monday of creating "a situation where nuclear war could break out an any time" and said the North's next nuclear test would take place "at a time and at a place where our headquarters deems necessary".

"(South Korea) has become able to strike from sea not only the enemy's major bases on the ground but also core facilities, including those related to ballistic missile launches", said Lee Sang-moon, head of the DAPA's guided weapon development team.

"Most concerning is the fact that the United States trade deficit with South Korea has more than doubled since Korus has come into effect".

Pence repeated the phrase in South Korea, the first stop on his tour, and again during his speech aboard the Ronald Reagan.

The focus of his trip is expected to shift in Japan to trade. Lu said Beijing wants to resume the multi-party negotiations that ended in stalemate in 2009 and suggested that USA plans to deploy a missile defense system in South Korea were damaging its relations with China.

A day after North Korea launched its latest test missile, an experiment that ultimately fizzled out, Mr Pence said the United States was hopeful China would use its "extraordinary levers" to persuade the North to give up its nuclear arms. "But if Trump has entered this so-called era of strategic impatience, just make sure if you do anything on the North, we don't end up as collateral damage".

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