South Korea says there is possibility trade deal might come after 8 July deadline

• Emphasised importance of auto, steel sectors during talks with Greer
• Has set up formal negotiation framework with the US
• Next ministerial-level meeting expected to be held in the middle of June

Well, keep in mind that the delay here also comes as South Korea is due to have a presidential election on 3 June. So, any significant discussions on trade will only be held after that. Hence, why Ahn is saying that he only expects the next ministerial-level meeting to be during mid-June.

This article was written by Justin Low at www.forexlive.com.