Obama, Lee Fail to Sign FTA, Talks to Resume After G-20 Summit
This article is for subscribers only.
President Barack Obama and his South Korean counterpart Lee Myung Bak failed to reach agreement on a free-trade accord and said talks will continue after the Group of 20 summit in Seoul.
“We decided that we need more to fine-tune details,” Lee told reporters at a joint press conference with Obama in Seoul today. Obama said that while an FTA will ultimately be “win, win” for everybody, the two countries must ensure it broad approval.