SEOUL, Nov 19 (Reuters) - South Korean President Lee Myung-bak said on Thursday his country was willing to reopen discussions on the automobile trade under a free trade agreement with the United States to address U.S. industry concerns.
“If automobiles are a problem, we are in a position to discuss them again,” Lee said in a televised press conference after talks with U.S. President Barack Obama.
Autos have been a sticking point in U.S. Congress ratification of the free trade pact between the two countries signed more than two years ago. South Korea also has yet to ratify it. (Reporting by Jack Kim; Editing by Jonathan Hopfner)