Yonhap News AgencyMarch 14, 2013 02:15
SEJONG, March 14 (Yonhap) -- South Korea's exports to the United States have expanded over the past year as the free trade deal with the country has helped boost sales of auto parts and oil products, the finance ministry said Thursday.
South Korea's free trade agreement (FTA) with the U.S. went into effect on March 15 last year, reducing or removing trade barriers between the two countries.
According to a report by the ministry, South Korea's exports to the U.S. between March 15 last year and Feb. 28 this year totaled US$57 billion, up 1.4 percent from a year earlier.
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