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South Korea Officials Says No Concessions

Has South Korea offered concessions to the United States to gain ratification of a free trade agreement between the two countries? Speaking to reporters in Seoul, Seok-young, South Korea's deputy minister for trade said it is not true and they have not made any commitments to the United States.

Some American congressmen insist that South Korea ease trade restrictions on U.S. beef. The restrictions, age limits, were first imposed during the BSE outbreak. American legislators also are looking for better terms on auto trade.

President Obama is scheduled to travel to South Korea in November to participate in a G-20 summit meeting. The two governments will need to clear up any remaining difficulties on the trade pact by then if they hope to advance the FTA any time soon.