Opponents Of Korea FTA Auto Provisions Explore Possible Benchmarks

Stakeholders opposed to the automotive provisions of the U.S.-Korea free trade agreement are informally exploring how they could define effective market access into the Korean auto market and how they could work to ensure that U.S. auto companies enjoy that access under the FTA, sources said. They are also exploring whether there should be a new auto-specific safeguard that could be invoked if Korean auto exports to the U.S. reach a certain threshold level, sources said. Discussions on results-oriented market...