The United States is keen to finalize a trade deal with South Korea as soon as Seoul agrees to take appropriate commitments. The two countries are still working to narrow their differences. South Korean President Lee Jae Myung and US President Donald Trump are expected to meet at Asia-Pacific Economic Cooperation (APEC) summit in the southeastern city of Gyeongju, South Korea. The Summit is scheduled to be held from 31st October to 1st of next month. 

 

 

The U.S. official reaffirmed the Trump administration’s interest in strengthening cooperation in shipbuilding with South Korea. However, the trade deal has not yet taken effect as both sides continue talks to resolve key issues, including financing of investment package.