January 6, 2018 / 1:54 AM / 7 months ago

U.S. says 'much work to do' on U.S.-South Korean trade talks

WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer said after talks with South Korean trade officials in Washington on Friday that there is “much work to do” to reach agreement on a revamped trade deal.

FILE PHOTO - U.S. Trade Representative Robert Lighthizer (L) speaks with a delegate from South Korea's delegation at the end of a joint press conference held on the sideline of the Asia-Pacific Economic Cooperation (APEC)'s 23rd Ministers responsible for Trade Meeting being held in Hanoi, Vietnam May 21, 2017. Reuters/Hoang Dinh Nam/Pool

“We have much work to do to reach an agreement that serves the economic interests of the American people,” Lighthizer said in a statement. “Our goals are clear: we must achieve fair and reciprocal trade between our two nations. We will move forward as expeditiously as possible to achieve this goal.”

The statement said that “both sides agreed to follow-up to discuss timing for the next meeting in the very near term.”

Reporting by Eric Beech; Editing by Mohammad Zargham

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