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The US and South Korea to revise the trade pact

  • The US and South Korea have agreed to revise six-year-old trade pact which was completed during the administration of former President Barack Obama. According to the reports of a senior US Official, the agreement between the two countries is going to strengthen the economic and national security relationships. It is going to be the first successful renegotiation of a trade agreement in the history of the US. South Korea is the sixth largest trading partner of the US.