A day after South Korean Trade Minister Kim Hyun-chong met with U.S. Trade Representative Robert Lighthizer, the parties have set a special second session of the Korea-U.S. Free Trade Agreement (KORUS) joint committee for October 4, 2017, in Washington.
The first special session of the KORUS joint committee (the first meeting of its kind under the agreement) took place in August, at USTR Lighthizer’s request, and focused on the U.S. goods trade deficit with South Korea. Trade Minister Kim did not agree to amend KORUS as suggested by the United States, but did propose a joint study on the impact of KORUS and the cause of the U.S. bilateral trade deficit.
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