Korea Waits on Free Trade with U.S.

Korea Waits on Free Trade with U.S.

 

SEOUL In a world of dangerously failed states and willful challengers to American leadership, South Korea is an astoundingly successful democracy that wants to be friends. But will America say yes?

That seemed to be the question perplexing President Lee Myung-bak when I interviewed him here last Wednesday, though he described relations at the moment as excellent. (Excerpts from our conversation are available here.) The two nations have signed a free-trade agreement that Lee believes would -- in addition to bringing obvious economic benefit to both sides -- seal a crucial alliance and promote stability throughout Northeast Asia. But President Obama has yet to submit the agreement to Congress for ratification or say when he might do so.

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