South Korea and the U.S. agreed to iron out differences over their free trade pact as soon as possible after they failed to reach middle ground in the additional talks Thursday before the Seoul G20 summit.
President Lee Myung-bak and U.S. President Barack Obama reaffirmed the two countries’ alliance and collaboration for the denuclearization of North Korea during summit talks in Seoul despite the lack of an accord on the FTA.
“We agreed that more time is needed to resolve detailed issues and asked our trade ministers to reach a mutually acceptable deal as soon as possible,” Lee said in a joint press conference after the summit and luncheon with Obama.
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