2011-10-14 06:46
WASHINGTON - US President Barack Obama on Thursday hailed the free trade agreement between the US and the Reppublic of Korea (ROK) as "a win" for both countries, hoping the deal will help achieve his goal of doubling US exports in the current tough economic climate.
"It's a win for both our countries," Obama said at a joint press conference with visiting ROK's President Lee Myung-bak, describing the trade deal which was just passed by the US congress on Wednesday as "landmark."
"For our farmers and ranchers here in the United States, it will increase exports of agricultural products," he said. "From aerospace to electronics, it will increase American manufacturing exports, including those produced by our small businesses."
According to the US president, the deal will boost American exports by up to $11 billion and support some 70,000 American jobs.
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http://usa.chinadaily.com.cn/us/2011-10/14/content_13897445.htm