South Korea expects arms, shale gas on U.S. agenda in trade talks

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South Korea’s trade minister Kim Hyun-chong said on Friday the United States may demand that Seoul guarantees it will step up arms purchases and imports of U.S. shale gas if the two countries renegotiate a free trade agreement.

The comments, made at the parliament, came as Seoul indicted last week that it was open to talks on amending the five-year-old bilateral deal, which U.S. President Donald Trump had threatened to terminate unless it was renegotiated.

U.S. President Donald Trump said in his tweet last month that he was allowing Japan and South Korea to buy a substantially increased amount of highly sophisticated military equipment from the United States, amid rising tensions with North Korea…

 

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Posted in: Daily News

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