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Thursday, August 4, 2011

postheadericon U.S.-Korea trade deal is bad for both countries

There is some rosy fantasy that the pending U.S.-Korea Free Trade Agreement will create tens of thousands of well-paying jobs in both countries and strengthen and expand the U.S. relationship with Korea. This is a fabrication of multinational corporations that have no allegiance to either country. As a member of the Korean National Assembly, I would like to set the record straight: In reality, the deal is lose-lose.
 
Contrary to the PR campaign by the Korean Embassy, it is simply not true that most Koreans wholeheartedly welcome the trade deal. The Democratic Party of Korea and a multitude of civic groups in Korea have fought to stop it. And the majority of the Korean people are gravely concerned.

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