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if you want to be treated like south korea, act like south korea. south korea, if i can have an additional 15 seconds. the speaker pro tempore: the gentleman is recognized. mr. crowley: south korea has a strong labor -- strong labor and environmental laws. south korea is committed to representative democcy, and south koreaecognizes that it's a two-way street that must benefits americans as well as south korea. i strongly urge passage of this agreement and i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. the gentleman from maine. mr. michaud: thank you. i now yield two minutes to the gentlewoman from connecticut, ms. delauro. the speaker pro tempore: the gentlewoman from connecticut is recognized for two minutes. ms. delauro: i rise to voice my strong opposition to this trade agreement with south korea. like the two other nafta-style trade agreement before us, we know this deal will lead to the outsourcing of american jobs, potentially displacing 150,000 u.s. workers according to the economic policy inst
if you want to be treated like south korea, act like south korea. south korea, if i can have an additional 15 seconds. the speaker pro tempore: the gentleman is recognized. mr. crowley: south korea has a strong labor -- strong labor and environmental laws. south korea is committed to representative democcy, and south koreaecognizes that it's a two-way street that must benefits americans as well as south korea. i strongly urge passage of this agreement and i yield back the balance of my time....
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in south korea the problem is. go so far the state has relied on the particular model to come on the payroll of the straw state probably improve for years because we are in terrible part of it so it was not reducing the options of hers for intervening. on the other hand it will help to foster closer ties with the united states and most importantly it will hold south korea to fight its growing trade dependency on china and i think there's a sort of mood political reason for having concluded this trip let's talk about this controversial naval base south korea is denying it's being built specifically for the u.s. but still seem to be no official confirmation or denial on this how do you see this facility in the future being used. well one purpose that it's very obvious is that it uses part of the missile defense shield against long range ballistic missiles and now it's up to you to guess where those missiles might come from they might come from north korea they might come from further up north. and the order is really
in south korea the problem is. go so far the state has relied on the particular model to come on the payroll of the straw state probably improve for years because we are in terrible part of it so it was not reducing the options of hers for intervening. on the other hand it will help to foster closer ties with the united states and most importantly it will hold south korea to fight its growing trade dependency on china and i think there's a sort of mood political reason for having concluded this...
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supporting south korea's economic growth and they have also supported the. open democracy is also clear so that relationship is very close it has always been seen with mixed feelings by south koreans and recently i think. the problem growing. agreement on most also those in south korea this alliance needs to be redefined not canceled but really fine and that it needs to grow into a more. equal kind of go over the line so the united states influence is there but its goal changing nature professor to get frank chair of the east asian economy in society at the university of vienna thanks very much indeed for time here on out he could hear from me. by the way that's plenty more stories for you dot com indeed you can see that interview once again if you log on here's a taste of what else is online right now americans consume to see their speech rhythms blinking rate some breathing patterns under cia scrutiny as the latest scheme to track terrorists comes on to find. one of saddam hussein's brawls baltics is going under the hammer that's part of his famous statue o
supporting south korea's economic growth and they have also supported the. open democracy is also clear so that relationship is very close it has always been seen with mixed feelings by south koreans and recently i think. the problem growing. agreement on most also those in south korea this alliance needs to be redefined not canceled but really fine and that it needs to grow into a more. equal kind of go over the line so the united states influence is there but its goal changing nature...
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/south korea free trade agreement will not lead to an influx of models into south korea. first of all, he says, parking spaces in korea are made to fit korean cars. european and japanese cars are okay but the big american cars will have problems. the korean mark set an attractive one for the u.s., given the phenomenal explosion in car ownership here. back in 1990, just over 3 million vehicles were on the road. 20 years later, there were almost 18 million. that's an increase of more than 400%. environmental concerns could make some u.s. models undesirable in an increasingly green korea. as part of the fda agreement, south korea agreed to lower its strict emission and safety requirement in some cases. car design is also a factor. one fta expert tells me when koreans buy cars they look for style, design and convenience. big powerful cars like in the u.s., are not seens astylish here. i don't expect a surge in demand for u.s. cars. korean car and auto parts companies declined to talk about the fta, saying the topic was too sensitive. but korea's trade investment promotion agen
/south korea free trade agreement will not lead to an influx of models into south korea. first of all, he says, parking spaces in korea are made to fit korean cars. european and japanese cars are okay but the big american cars will have problems. the korean mark set an attractive one for the u.s., given the phenomenal explosion in car ownership here. back in 1990, just over 3 million vehicles were on the road. 20 years later, there were almost 18 million. that's an increase of more than 400%....
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korea hears this. this is c.r.s." there is nothing to prevent south korean firms from performing intermediate manufacturing operations in north korea and then performing final manufacturing processes in south korea. for example, as much as 65% of the value of a south korean car coming into the united states could actually be made in north korea if this trade agreement goes into effect." and today we have over 47,000 north korean workers that are currently employed by more than 120 south korean firms including hyundai at the kaesing complex in north korea. what an agreement, what an agreement. slave labor in north korea manufacturing products which go to south korea and then come into the united states of america, and meanwhile, the dictatorship of north korea gets a piece of the action, a significant piece of the action on top of the pennies an hour that the north korean workers get. in 2007, the then-prime minister of south korea, is now the current south korean ambassador to the united states said, and i -- quote -- "-- ambassador to the united stat
korea hears this. this is c.r.s." there is nothing to prevent south korean firms from performing intermediate manufacturing operations in north korea and then performing final manufacturing processes in south korea. for example, as much as 65% of the value of a south korean car coming into the united states could actually be made in north korea if this trade agreement goes into effect." and today we have over 47,000 north korean workers that are currently employed by more than 120...
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they cemented free trade agreements last night with south korea, colombia and panama. south korean deal could create as many as 280,000 jobs and boost exports by as much as $12 billion. but some labor unions say the deals will actually hurt u.s. employment because of increased competition from south korean imports. >>> the auto industry is one sector to watch. paula hancock reports on what this might mean for u.s. and korean car makers. >> chung su bought his chevrolet three years ago. since then he's been a big fan of the u.s. car, even joining a chevrolet club. but he's not convinced it will lead to an influx in chevrolets in korea. first of all, he says parking spaces in korea are made to fit korean cars. european and japanese cars are okay. the big american cars will have problems. the korean market san attractive one for the u.s. given the phenomenal explosion in car ownership here. back in 1990, there were just over 3 million vehicles on the road. 20 years later, there were almost 18 million. that's an increase of more than 400%. environmental concerns could make
they cemented free trade agreements last night with south korea, colombia and panama. south korean deal could create as many as 280,000 jobs and boost exports by as much as $12 billion. but some labor unions say the deals will actually hurt u.s. employment because of increased competition from south korean imports. >>> the auto industry is one sector to watch. paula hancock reports on what this might mean for u.s. and korean car makers. >> chung su bought his chevrolet three...
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if you want to be treated like south korea, act like south korea. south korea, if i can have an additional 15 seconds. the speaker pro tempore: the gentleman is recognized. mr. crowley: south korea has a strong labor -- strong labor and environmental laws. south korea is committed to representative democracy, and south korea recognizes that it's a two-way street that must benefits americans as well as south korea. i strongly urge passage of this agreement and i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. the gentleman from maine. mr. michaud: thank you. i now yield two minutes to the gentlewoman from connecticut, ms. delauro. the speaker pro tempore: the gentlewoman from connecticut is recognized for two minutes. ms. delauro: i rise to voice my strong opposition to this trade agreement with south korea. like the two other nafta-style trade agreement before us, we know this deal will lead to the outsourcing of american jobs, potentially displacing 150,000 u.s. workers according to the economic policy
if you want to be treated like south korea, act like south korea. south korea, if i can have an additional 15 seconds. the speaker pro tempore: the gentleman is recognized. mr. crowley: south korea has a strong labor -- strong labor and environmental laws. south korea is committed to representative democracy, and south korea recognizes that it's a two-way street that must benefits americans as well as south korea. i strongly urge passage of this agreement and i yield back the balance of my...
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the dinner tonight for south korea president. this is the first time in 13 years earlier today that the leader from south cree ya spoke before a joint meeting of congress, and the dinner today with president lee and his wife mrs. kim. watching the guest arrivals live from the white house. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> this is the book sellers area of the white house. tonight's state dinner caps a full day of activities for both the south korean president and president obama. the south korean president, president lee, was welcomed to the white hous
the dinner tonight for south korea president. this is the first time in 13 years earlier today that the leader from south cree ya spoke before a joint meeting of congress, and the dinner today with president lee and his wife mrs. kim. watching the guest arrivals live from the white house. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations]...
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as i said this morning, this visit also recognizes south korea's emergence as one of our key global partds. south koreans have served bravely with us in afghanistan and iraq. south korean forces have partnered with us to prevent piracy off the shores of africa and stem the spread of weapons of mass destruction. once a recipient and aid, they have become a donor nation, supporting development from asia to africa. under president's personal leadership, seoul served as host to the g-20 summit last year and will host the next nuclear summit next year. south korea's success is a tribute to the sacrifices and ten asti of the korean people and also a tribute to the vision and commitment of president lee. mr. president, you have shown how the international community should work in the 21st century. more nations bearing the responsibility of meeting global challenges. in the face of unprovoked attacks on your citizens, you and the south korean people have shown extraordinary f!ñ restraint and resolve. i'd add that in all of our dealings, president lee has shared my focus on what matters most. the
as i said this morning, this visit also recognizes south korea's emergence as one of our key global partds. south koreans have served bravely with us in afghanistan and iraq. south korean forces have partnered with us to prevent piracy off the shores of africa and stem the spread of weapons of mass destruction. once a recipient and aid, they have become a donor nation, supporting development from asia to africa. under president's personal leadership, seoul served as host to the g-20 summit last...
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south korea. these agreements will increase exports of u.s. goods and services. they'll create tens of thousands of good-paying american jobs. they'll bind us even more closely to three important allies. colombia, especially, has returned from the brink of becoming a failed state to being the third-largest economy in latin america and one of its most respected leaders. it is astounding, mr. president, just how far colombia has come. a lot further to go, but considering the state of colombia 15-20 years ago, with the narcotics trade and the paramilitary, it is amazing how far colombia has come, and a lot of it goes to the courage of the colombian people and especially to their leaders. it's not been easy, to say the least. the country of panama is at the crossroads of global commerce and is among the fastest-growing economies in the western hemisphere. and south korea, the world's a 15th largest economy, our seventh-largest trading partner, is also a strategic ally in a very volatile region of the
south korea. these agreements will increase exports of u.s. goods and services. they'll create tens of thousands of good-paying american jobs. they'll bind us even more closely to three important allies. colombia, especially, has returned from the brink of becoming a failed state to being the third-largest economy in latin america and one of its most respected leaders. it is astounding, mr. president, just how far colombia has come. a lot further to go, but considering the state of colombia...
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he called south korea one of the most important countries with which japan shares vital interests. whether japan will be able to set up future bilateral ties will be the first hurdle in the government diplomacy. >>> japan, china, south korea and the association of southeast asian nations are expected to agree for each country to stock pile rice. the pact is to deal with possible food shortages after natural disasters. food security is likely to be a major topic in a meeting of foreign ministers from the asian countries friday. the agriculture minister will visit japan or rather will represent japan. in addition to stockpiling emergency rice, the ministers are expected to agree to supply rice to nations in need of food. final arrangements are under way to allocate rice stock pile quote as for each country. japan would have to store 250,000 tons, and china 300,000. in total, roughly 790,000 tons of rice would be kept. that's enough to feed about 13 million people for warmup year. japan's agriculture ministry says the proposed multi lateral framework is a rare international effort. >>
he called south korea one of the most important countries with which japan shares vital interests. whether japan will be able to set up future bilateral ties will be the first hurdle in the government diplomacy. >>> japan, china, south korea and the association of southeast asian nations are expected to agree for each country to stock pile rice. the pact is to deal with possible food shortages after natural disasters. food security is likely to be a major topic in a meeting of foreign...
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korea -- barracks in south korea. so the goods may never be touched by a south korean. we are going to be talking in this congress, i hope, about chinese currency manipulation. there are proposals that would impose tariffs on chinese goods. this south korean agreement, is a prebuilt loophole in anything we try to do with china over currency manipulation. they manipulate their currency, they make 65% of the goods in china, they ship them to south korea, they come in free into the united states. without having to worry about our tariffs or our sanctions against their currency manipulation. second, goods that are 65% made in north korea, 35% made in south korea have a right to come in under this agreement. but we have an executive order that will bar them at our ports. so we will be in violation of this agreement on the first day. that means south korea can impose sanctions and take away whatever benefits you think we're going to get under this agreement. i ask the gentleman for no additional time and i thank the gentlema
korea -- barracks in south korea. so the goods may never be touched by a south korean. we are going to be talking in this congress, i hope, about chinese currency manipulation. there are proposals that would impose tariffs on chinese goods. this south korean agreement, is a prebuilt loophole in anything we try to do with china over currency manipulation. they manipulate their currency, they make 65% of the goods in china, they ship them to south korea, they come in free into the united states....
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cars. >> but what about south korea?ear south korea will find a way around this agreement. >> there has been a tremendous amount of negotiations going on on both sides. the deal has been in the works for over four years. so with that kind of time i think a lot of the fine tuning, a lot of the very specific details that raised concerns in the respective countries, those have been addressed. so, i think right now, what the house and senate has done, ratifying the free trade agreement, there is this momentum. south korea assembly will be scheduling a review to review and ratify it themselves. again, this momentum is quite strong. >> okay, john park, thank you very much. again, live pictures, joint
cars. >> but what about south korea?ear south korea will find a way around this agreement. >> there has been a tremendous amount of negotiations going on on both sides. the deal has been in the works for over four years. so with that kind of time i think a lot of the fine tuning, a lot of the very specific details that raised concerns in the respective countries, those have been addressed. so, i think right now, what the house and senate has done, ratifying the free trade agreement,...
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-south korea agreement was passed, european exports to south korea rose by 16%. we are losing market share and american businesses are losing their competitive edge, all as a result of washington's inability to pass these essential agreements that supposedly have bipartisan support. in fact, since canada signed their free trade agreement with colombia, the u.s. has lost nearly 30% of our market share and we ex -- in wheat exports to colombia, losing 30% of our market share in a key commodity like wheat has a tremendous impact to a small state like kansas. when it comes down it, this isn't about -- down to it, this isn't about ideologies, this is about american jobs. these agreements can create 250,000 american jobs and yet president obama has sat on them for nearly three years. these agreements have the ability to immediately create thousands of jobs, open new markets for farmers, ranchers, manufacturers and play a pivotal role in growing our economy out of this stag nancy. i would like to thank the president for ending his stall tactics and finally sending me --
-south korea agreement was passed, european exports to south korea rose by 16%. we are losing market share and american businesses are losing their competitive edge, all as a result of washington's inability to pass these essential agreements that supposedly have bipartisan support. in fact, since canada signed their free trade agreement with colombia, the u.s. has lost nearly 30% of our market share and we ex -- in wheat exports to colombia, losing 30% of our market share in a key commodity...
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trade agreements with south korea, colombia, and panama. a federal commission says the agreements could boost the u.s. economy by as much as $14.4 billion and create thousands of jobs. here's congressional correspondent nancy cordes. >> reporter: jason speer is still smarting over the $100,000 manufacturing contract he lost in south korea this spring. >> it probably would have been probably two or three people we would have hired just for this. >> reporter: speer's family-owned business in schaumburg, illinois, makes metal floats, a critical component in many machines. he lost that south korean bid because he had to tack on the cost of an 8% tariff. a german company didn't. >> all around the world they're making these free trade agreements and the u.s. is falling behind and that gives us a price disadvantage. >> reporter: the u.s. could have leveled the playing field years ago, but three trade bills with south korea, panama, and colombia, sat boxed up until last night when the house and senate voted all of them into law. >> the bill is pass
trade agreements with south korea, colombia, and panama. a federal commission says the agreements could boost the u.s. economy by as much as $14.4 billion and create thousands of jobs. here's congressional correspondent nancy cordes. >> reporter: jason speer is still smarting over the $100,000 manufacturing contract he lost in south korea this spring. >> it probably would have been probably two or three people we would have hired just for this. >> reporter: speer's...
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south korea wants to export cars made in south korea. they don't want to export cars that are made someplace else. >> what if parts are made cheaper in other places, quote unquote? >> their government like our government wants the benefits of this agreement to flow to working people and companies in the country, just like we want them to flow in our country. and that is how we decided on rule of origin for autos as well as other manufactured products. >> thank you. i would ask my friends on both sides of the aisle, look at the documents, look at this document, and you judge for yourself where a lot of the things that are going into the automobile, and they will be made, you will conclude, by folks who don't live in the united states of america, or who live in south korea. we are establishing legislation here, if we do this, i know a lot of work has been put into and a lot of good things in you, that cannot help the american worker. that's why mr. reif could not give this thing, and he can't come he's not lying to us, he can't give us to
south korea wants to export cars made in south korea. they don't want to export cars that are made someplace else. >> what if parts are made cheaper in other places, quote unquote? >> their government like our government wants the benefits of this agreement to flow to working people and companies in the country, just like we want them to flow in our country. and that is how we decided on rule of origin for autos as well as other manufactured products. >> thank you. i would ask...
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. >> translator: it is true that there are sometimes challenging problems between japan and south korea. however, it's of the utmost importance that we communicate frequently with each other and make efforts for the future as neighboring countries. >> translator: ties between south korea and japan have developed steadily based on close interactions among people. we also have to step up shuttle diplomacy at the governmental level. >> reporter: in addition to making arrangements for the summit, gemba and kim agreed that they will work closely together on north korea's nuclear issue and on that of abduction of japanese nationals by north korea. on the economic front, gemba stressed the need to resume talks toward reaching a bilateral economic partnership agreement. the talks have been stalled since 2004. but kim's reaction was tepid. with letting south korean industries' concerns that eliminating tariffs would further expand the country's trade deficit with japan. the two ministers also agreed to disagree on the issue of south korean women who were forced to work as prostitutes for japanes
. >> translator: it is true that there are sometimes challenging problems between japan and south korea. however, it's of the utmost importance that we communicate frequently with each other and make efforts for the future as neighboring countries. >> translator: ties between south korea and japan have developed steadily based on close interactions among people. we also have to step up shuttle diplomacy at the governmental level. >> reporter: in addition to making arrangements...
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in seoul. >> this is located in a big store in seoul, south korea. as given a tour. they work with the napa valley and another a wine bar located inside a wine resource center in seoul. >> in korea, this wine is very popular for weddings as wedding gifts. >> their company is one of the largest distributor-importers of american wines in the world, especially napa valley wine. they told me that koreans want the california wines but the tariff is 65%. >> a bottle of duck horn merlot for $160. >> that same bottle at home might cost $65. the owner of the company commutes between napa and seoul. he told me his passion for california wine inspired him to create donna estates. his 2007 vintage catcher fay scored 100 points from wine expert robert parker. he's using that expertise to create a brand new market in south korea. it's come a long way since the war ended in 1953. chairman lee's father owned a flour and rice milling company that helped feed koreans after the war. now the company feels this modern, wealthy south korea is ready for wine time. >> in ord
in seoul. >> this is located in a big store in seoul, south korea. as given a tour. they work with the napa valley and another a wine bar located inside a wine resource center in seoul. >> in korea, this wine is very popular for weddings as wedding gifts. >> their company is one of the largest distributor-importers of american wines in the world, especially napa valley wine. they told me that koreans want the california wines but the tariff is 65%. >> a bottle of duck...
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and south korea? a 2.5% tariff now imposed on south korean car imports to the united states will be eliminated within five years. south korean import duties on american beef and pork will be removed after a certain period of time. this is a tv commercial in south korea. >> the ad is sponsored by the south korean government. the country is promoting free trade under the strong leadership of president lee myung-bak. >> translator: our country needs to expand into the world economy. the fta is a core national strategy. >> with trade accounting for nearly half of south korea's gdp, the president has a strong belief that going overseas is the only path for further development. japan, on the other hand, only began preliminary talks with the eu in may for an economic partnership agreement. japan is lagging far behind its neighbor in terms of free trade. japanese business leaders are concerned that the u.s./south korean trade pact could erode the competitiveness of japanese cars and tvs and hurt exports. >> tr
and south korea? a 2.5% tariff now imposed on south korean car imports to the united states will be eliminated within five years. south korean import duties on american beef and pork will be removed after a certain period of time. this is a tv commercial in south korea. >> the ad is sponsored by the south korean government. the country is promoting free trade under the strong leadership of president lee myung-bak. >> translator: our country needs to expand into the world economy....
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will tour a general motors plant using parts from south korea. the plant had been shuttered but reopened after a federal bailout in 2009. in this battleground state the president will use this visit to promote his policies to get americans back to work. he has not given up on his jobs bill even though republican senators killed it earlier this week. >> we are going to break's each of these bills apart, say let's have a vote on putting teachers back in the classroom, let's have a vote on rebuilding our infrastructure. >> reporter: but republicans say the president's plan is no more than irresponsible government spending. they have announced their own jobs plan that doesn't include a single item from the president's bill. >> reporter: the president's plan does nothing new. ours is the way to go. >> reporter: the gop proposal calls for repealing the president's healthcare law and requiring a balanced budget. it would also lower corporate and individual tax rates, and ease government regulations on businesses. republicans say it will create 5 million
will tour a general motors plant using parts from south korea. the plant had been shuttered but reopened after a federal bailout in 2009. in this battleground state the president will use this visit to promote his policies to get americans back to work. he has not given up on his jobs bill even though republican senators killed it earlier this week. >> we are going to break's each of these bills apart, say let's have a vote on putting teachers back in the classroom, let's have a vote on...
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>> well, here in seoul, south korea, we're about to find out. this country boasts the fastest broadband speeds in the world, and more than 95% of homes here have a broadband connection. so, no wonder, then, it's sometimes described as the most wired place on the planet. this sprawling high-speed broadband megacity is populated not so much by citizens but by netizens... [mouse clicks] plugged into a streaming torrent of information which is changing society at amazing speed. so, we've set ourselves a pretty tough task. targeting just one apartment block in central seoul containing homes for more than 100 south korean families, can we find anyone who will be prepared to go offline for a week and help us find out whether the internet here has become an essential part of modern living? [indistinct chattering] with the help of some posters we've designed, my translator eunice and i are off to see if there are any takers. >> [speaking korean] >> excellent. somebody's in. >> [speaking korean] >> [speaking korean] >> first impressions aren't too promisi
>> well, here in seoul, south korea, we're about to find out. this country boasts the fastest broadband speeds in the world, and more than 95% of homes here have a broadband connection. so, no wonder, then, it's sometimes described as the most wired place on the planet. this sprawling high-speed broadband megacity is populated not so much by citizens but by netizens... [mouse clicks] plugged into a streaming torrent of information which is changing society at amazing speed. so, we've set...
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because it also meant more goods could be coming from china and they'd be quickly assembled in south korea more workers go to north korea so the south korean units were actually against it because they saw it as the first that undermining them that is super interesting and what about american jobs because from what i've read i think the economic policy institute estimates that just the career free trade agreement free trade agreement could result in the loss of one hundred sixty thousand or so american jobs over the course of several years or there's no doubt about it i mean this is the largest expansion of the free trade area since of mess after and the history of that of nafta has been bad for every country. and so what we have here is a situation where these you know these massive shipping jobs overseas like general electric who is close thirty three factors in the u.s. since obama came into office and then you have these people advising the president how to create jobs maybe the president should be talking to them about creating some drug lord that's interesting you bring up t.e.o. . o
because it also meant more goods could be coming from china and they'd be quickly assembled in south korea more workers go to north korea so the south korean units were actually against it because they saw it as the first that undermining them that is super interesting and what about american jobs because from what i've read i think the economic policy institute estimates that just the career free trade agreement free trade agreement could result in the loss of one hundred sixty thousand or so...
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Oct 14, 2011
10/11
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WJZ
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just a day after praising a new trade deal with south korea. >> the korea free trade act we believe will create up to 70,000 jobs. >> reporter: president obama will head to michigan today with south korea's president to tour a gm plant that is using south korean parts. thursday, the president said the u.s. auto industry along with american farmers and manufacturers will benefit in particular from the new agreement. he used it to prove compromise is possible on capitol hill. >> this trade deal that we just passed shows that we are happy to work with republicans where they are willing to put politics behind the interest of the american people. >> reporter: but when it comes to creating jobs, president obama and the gop are still far apart. senate republicans are now floating their own jobs plan and it doesn't include a single item from the president's bill. >> the president's plan does nothing new. ours is the way to go. >> reporter: the gop proposal calls for repealing the president's health care law and requiring a balanced budget. it would also lower corporate and individual tax rates a
just a day after praising a new trade deal with south korea. >> the korea free trade act we believe will create up to 70,000 jobs. >> reporter: president obama will head to michigan today with south korea's president to tour a gm plant that is using south korean parts. thursday, the president said the u.s. auto industry along with american farmers and manufacturers will benefit in particular from the new agreement. he used it to prove compromise is possible on capitol hill. >>...
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Oct 13, 2011
10/11
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KGO
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one deal was south korea, the largest free trade agreement. and california vineyards ship $280 million in exports to south korea. and uc davis reports that could double. and i met with two napa valley wine company managers in seoul. this impressive wine collection is located in a big store in seoul, south korea. i visited there and was given a tour by jonathan yee and shawn chin who work with napa valley. >> in korea, this wine is very popular for weddings, as wedding gifts. >> the company one of the largest distributor importers of american wines in the weerld, especially napa valley wines. and they told me koreans want california wine but tariffs are 65%. >> merlot, $160. >> that bottle at home might cost $65. the owner commutes and told me his passion for california wine inspired him to create the estate. his 2007 vintage cabernet scored 100 points from a wine expert. he's using that to create a brand new market in south korea. this has come a long way since the war ended. his father owned a rice milling company helping feed koreans after t
one deal was south korea, the largest free trade agreement. and california vineyards ship $280 million in exports to south korea. and uc davis reports that could double. and i met with two napa valley wine company managers in seoul. this impressive wine collection is located in a big store in seoul, south korea. i visited there and was given a tour by jonathan yee and shawn chin who work with napa valley. >> in korea, this wine is very popular for weddings, as wedding gifts. >> the...
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Oct 15, 2011
10/11
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KGO
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is located in a big store in seoul south korea. i was given a tour by jonathan yee and sean khin that work at the vinga wine bar that located in seoul. >> in korea this line is very popular for weddings. >> their company is one of the largest importers of american wines in the world, especially napa valley wine. koreans want the wine but the tariff is 65%. that same bottle at home might cost $65. the owner xluits between napa and seoul. it inside him to create this, 2007 vintage cabernet scored 100 points from a wine expert. so he is using that napa valley expertise to create a brand-new market in south korea. it's come a long way since the war ended in 1953. his father owned a flour and rice company that helped feed them after the war. now, the wealthy south korea is ready for wine time. >> in order to introduce a new culture or something such as wine, we need to educate the public. >> so they built a winery source center complete with lectures from wine experts and cooking classes. >> to learn about how to order food with a certai
is located in a big store in seoul south korea. i was given a tour by jonathan yee and sean khin that work at the vinga wine bar that located in seoul. >> in korea this line is very popular for weddings. >> their company is one of the largest importers of american wines in the world, especially napa valley wine. koreans want the wine but the tariff is 65%. that same bottle at home might cost $65. the owner xluits between napa and seoul. it inside him to create this, 2007 vintage...
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Oct 13, 2011
10/11
by
FOXNEWSW
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i know the president lee is talking about a south korea-north korea-russia trilateral gas pipeline project lot of sanctions from the international community and the united states and other countries but having said that, if this gas line project proceeds as planned, then we would have to provide or compensate north korea with substantial amount of money or other forms of compensation. so in your opinion, president lee, do you think that the gas line pipeline project will be able to proceed without resolving the north korean nuclear issue? [speaking in native tongue] >> translator: yes, thank you. and i don't know if that's a question that i should be answering here in the united states but since he asked the question i will try to answer that. in the far east we've been discussing this issue for quite some time trying to import russian gas into the republic of korea. now we're discussing right now with the north koreans whether the russian gas, which is quite affordable, can travel through north korea and be imported and be used in south korea. this is beneficial, first of all, for russia
i know the president lee is talking about a south korea-north korea-russia trilateral gas pipeline project lot of sanctions from the international community and the united states and other countries but having said that, if this gas line project proceeds as planned, then we would have to provide or compensate north korea with substantial amount of money or other forms of compensation. so in your opinion, president lee, do you think that the gas line pipeline project will be able to proceed...
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Oct 4, 2011
10/11
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KCSMMHZ
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they said they hoped to live in south korea. transfer procedures began after the south korean government agreed to accept the defectors. it plans to find out how and why the group left the north. >>> the japan coast guard says north korean defectors planned their escape carefully. they studied the movements and scheduled of north korean patrol boats while they were fishing and timed the escape to avoid detection. the defectors said they left the north korean port of odaejin on september 8 and waited until night when surveillance is less strict. the group traveled along the coast at first. they were also patrol vessels near the south korean coast. the defectors then traveled towards a 38th parallel between the two koreas. they planned to turn there and head to south korea on the third day. but the weather took a turn for the worse. the defectors lost control of their boat. they eventually decided to let it drift towards japan. they thought they would be able to go to south korea if they were rescued in this country. ♪ ♪ >> report
they said they hoped to live in south korea. transfer procedures began after the south korean government agreed to accept the defectors. it plans to find out how and why the group left the north. >>> the japan coast guard says north korean defectors planned their escape carefully. they studied the movements and scheduled of north korean patrol boats while they were fishing and timed the escape to avoid detection. the defectors said they left the north korean port of odaejin on...
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Oct 13, 2011
10/11
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CSPAN
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it also benefits south korea. korea, north korea, and russia have not yet spoken together to discuss the issue in any detail . from an economic standpoint, it is beneficial for all parties involved. this issue, inevitably, involves security matters, which we will consider closely. also, let me remind you that this project will not be implemented anytime soon. of course, we're mindful of the progress that we are making with regards to north korean nuclear issues as well. >> jessica. >> thank you, mr. president. first, really, to follow on ed, if i may, on the iran allege in terror plot, do you have knowledge, would you believe that the nation bosworth ringleader and president had knowledge of the plot? -- that the nation's supreme leader and president had knowledge of the plaot? which pieces of the american jobs act would you like to see congress take up first? given that so far you have been unable to force congress to an up or down vote on the entire bill and that new unemployment filings are not falling, why not
it also benefits south korea. korea, north korea, and russia have not yet spoken together to discuss the issue in any detail . from an economic standpoint, it is beneficial for all parties involved. this issue, inevitably, involves security matters, which we will consider closely. also, let me remind you that this project will not be implemented anytime soon. of course, we're mindful of the progress that we are making with regards to north korean nuclear issues as well. >> jessica....
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Oct 13, 2011
10/11
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CSPAN2
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korea hears this. this is c.r.s." there is nothing to prevent south korean firms from performing intermediate manufacturing operations in north korea and then performing final manufacturing processes in south korea. for example, as much as 65% of the value of a south korean car coming into the united states could actually be made in north korea if this trade agreement goes into effect." and today we have over 47,000 north korean workers that are currently employed by more than 120 south korean firms including hyundai at the kaesing complex in north korea. what an agreement, what an agreement. slave labor in north korea manufacturing products which go to south korea and then come into the united states of america, and meanwhile, the dictatorship of north korea gets a piece of the action, a significant piece of the action on top of the pennies an hour that the north korean workers get. in 2007, the then-prime minister of south korea, is now the current south korean ambassador to the united states said, and i -- quote -- "-- ambassador to the united stat
korea hears this. this is c.r.s." there is nothing to prevent south korean firms from performing intermediate manufacturing operations in north korea and then performing final manufacturing processes in south korea. for example, as much as 65% of the value of a south korean car coming into the united states could actually be made in north korea if this trade agreement goes into effect." and today we have over 47,000 north korean workers that are currently employed by more than 120...
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Oct 13, 2011
10/11
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WMPT
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they have to promise mott to attack south korea again.they have to freeze the plutonium program, and they have to allow inspectors the uranium program. the north koreans have not given public sentiments they are willing to meet those conditions. >> to think we're going to get the north korean to agree to our dpolz ahead of time before negotiations is to imagine that they are somehow a vanquished-- so if we're not careful the north koreans will say then you're not serious. >> warner: carlen also says washington and seoul should be willing to broaden their focus beyond nuclearization. >> if we only deal with the nuclear issue in and of itself, chances are very slim that we're going to get this airplane off the ground. >> warner: publicly, the two presidents today showed no distance between them on how to handle the north. >> if the northands its quest for nuclear weapons and moves towards denuclearization, it will enjoy great. >> we speak with one voice, and we will continue to speak with one voice. >> warner: but the differences over how t
they have to promise mott to attack south korea again.they have to freeze the plutonium program, and they have to allow inspectors the uranium program. the north koreans have not given public sentiments they are willing to meet those conditions. >> to think we're going to get the north korean to agree to our dpolz ahead of time before negotiations is to imagine that they are somehow a vanquished-- so if we're not careful the north koreans will say then you're not serious. >> warner:...
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Oct 13, 2011
10/11
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CSPAN
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the house debates free-trade agreements with columbia and south korea -- with columbia and south korea -- with colombia and south korea. >> the telecommunications act founded the universal service fund a. money for this fund comes from telecom companies and is charged on consumers' phone bills. the fcc plans to shift the focus to providing broadband internet access. the senate commerce committee looks into this proposal. it is two hours and 20 minutes. >> it is not going to be started off by me, but by john kerry, who has to leave immediately for that wonderful thing called the super committee, which is solving all the problems of eastern, western, and north and south countries, plus he is the subcommittee chairman. go-ahead, mr. kerry. >> thank you. i did not realize you had put me ahead of yourself, and i appreciate it very much, and my colleagues, especially senator warner, who made extra efforts to get here before me. an article that appeared in my home town pointed out an inequity. massachusetts telephone companies paid $1.47 billion in surcharges to the universal services, but dr
the house debates free-trade agreements with columbia and south korea -- with columbia and south korea -- with colombia and south korea. >> the telecommunications act founded the universal service fund a. money for this fund comes from telecom companies and is charged on consumers' phone bills. the fcc plans to shift the focus to providing broadband internet access. the senate commerce committee looks into this proposal. it is two hours and 20 minutes. >> it is not going to be...
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Oct 12, 2011
10/11
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CSPAN
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the 65% to south korea. we'll hear that north korea will be allowed to send goods to the united states as a part of this trade agreement. we won't talk about the currency manipulation that south korea engages in just like china does. we won't talk about the tariffs that will stay in place protecting korean goods while we drop ours immediately. we'll talk about we can sell more cars in korea, up to 75,000 if they choose to buy them. there is no guarantees. when we know that south korea now is selling in the hundreds of thousands of cars in the united states. mr. speaker, we need trade agreements. we need trade agreements that work for us. this is not a reflection on the country. it's a reflection on the old nafta, cafta-type trade deals that were negotiated years ago in the bush era that have been dusted off and brought to us and being told to us, this is good for the american worker. this will create jobs. unfortunately the history of our trade agreements has been anything but that. i was with an administrati
the 65% to south korea. we'll hear that north korea will be allowed to send goods to the united states as a part of this trade agreement. we won't talk about the currency manipulation that south korea engages in just like china does. we won't talk about the tariffs that will stay in place protecting korean goods while we drop ours immediately. we'll talk about we can sell more cars in korea, up to 75,000 if they choose to buy them. there is no guarantees. when we know that south korea now is...
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Oct 12, 2011
10/11
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CSPAN
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but as approve the free-trade agreements with colombia, korea, and south korea -- panama, and south korea and boost jobs here at home, and less favorably report these four nominees to carry out our trade agenda. >> i agree with the four nominees, and nine years ago, we provided president bush with trade authority vary the use that to negotiate 11 trade agreements with 16 countries. including the three we are considering today for the first agreement with chile and singapore have grown. it is to $15.3 billion. prior to in 1997, nine more were negotiated, providing unprecedented access to american exports. in 2007, not a single new trade agreement has been negotiated or peru. the three pending agreements ready for a vote languished and frankly, as a democratic congress place to new demands of our trading partners, new demands for their consideration spirit we of almost it still in done nothing all other countries raced ahead and seized our market share around the world. in a time of economic uncertainty, this failure to act by the administration remains a shocking. from 2005-2010, u.s. trad
but as approve the free-trade agreements with colombia, korea, and south korea -- panama, and south korea and boost jobs here at home, and less favorably report these four nominees to carry out our trade agenda. >> i agree with the four nominees, and nine years ago, we provided president bush with trade authority vary the use that to negotiate 11 trade agreements with 16 countries. including the three we are considering today for the first agreement with chile and singapore have grown. it...
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Oct 11, 2011
10/11
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KCSMMHZ
tv
eye 136
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companies from south korea and thailand have already made inroads. china in particular has made massive investments, developing mineral resources, natural gas projects, and building pipelines. china now exerts significant influence in the country. decades of closed-door policies under military rule have battered the economy. the new administration says those years are over by emphasizing democratic rule, it also helps to encourage the united states and european countries to lift their economic sanctions. is myanmar on the path to real democracy? we asked aung san suu kyi how strong is the force for change? >> i think the president is very desirous of positive change. but of course i do not know what the situation of the new government is. i think we've got to make it strong. this is our responsibility, this is our duty, to try to make it as strong as possible. we prefer to emphasize what is positive and to help the process along. we also are cautious about saying that change has taken place. >> reporter: the pro-democracy leader also spoke about whet
companies from south korea and thailand have already made inroads. china in particular has made massive investments, developing mineral resources, natural gas projects, and building pipelines. china now exerts significant influence in the country. decades of closed-door policies under military rule have battered the economy. the new administration says those years are over by emphasizing democratic rule, it also helps to encourage the united states and european countries to lift their economic...
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could be clashes with police also yesterday congress passed the three free trade agreements with south korea colombia and panama meanwhile they blocked obama's jobs bill two days ago so does this show us where their priorities really lie and harrison is going to join us for that one and a new gallup poll shows the support for the death penalty in the united states has hit a thirty nine year low so we're going to talk about yet another execution that's coming out where guilt might be in doubt we'll have all of that for you tonight and more including a dozen happy hour but first take a look at the mainstream media has decided to miss. our as we just wrapped up the latest g.o.p. presidential debate earlier this week where it became very clear i think who the probable front runner is going to be and yet a new poll has everybody just blown away republican presidential candidate herman cain as pulled ahead of the pack we do have a new front runner at least for this month is herman cain he's the first choice of cain with a four point lead over mitt romney shall bachmann has just wrapped up a meetin
could be clashes with police also yesterday congress passed the three free trade agreements with south korea colombia and panama meanwhile they blocked obama's jobs bill two days ago so does this show us where their priorities really lie and harrison is going to join us for that one and a new gallup poll shows the support for the death penalty in the united states has hit a thirty nine year low so we're going to talk about yet another execution that's coming out where guilt might be in doubt...
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Oct 13, 2011
10/11
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CSPAN
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south korea companies will be able to charge much lower price. guest: we have had a struggle to retain our textile industry in this country. i have been to north carolina, south carolina, i have seen the plants. a disagreement will make it more difficult for the workers in the textile industry in our country. icountry, sadly. and i think other elements of trade between korea and the united states need to have been part of the agreement and were not. i also want to say that other issues like value added tax and the social cost of doing business and korea -- very heavily on u.s. business and we don't have reciprocal trade. the rules of engagement are not the same. rather than us negotiating at that high level to have reciprocal trade, whether tax policy or social policy or environmental policy, rule of law, who pays the price? the textile workers, auto workers, a cement workers of america, the people who work in these enterprises, their shareholders, those who manage the companies pay the price. i view these agreements as being extraordinarily in ba
south korea companies will be able to charge much lower price. guest: we have had a struggle to retain our textile industry in this country. i have been to north carolina, south carolina, i have seen the plants. a disagreement will make it more difficult for the workers in the textile industry in our country. icountry, sadly. and i think other elements of trade between korea and the united states need to have been part of the agreement and were not. i also want to say that other issues like...
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Oct 14, 2011
10/11
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WJLA
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cars to south korea and he will highlights a recovery after an $80 billion government bailout. >>> glamorous nighttime event the state dinner at the white house. >> fabulous. if the last night president and mrs. obama hosted the south korean president lee myung-bak and his wife. among the guests were tennis legend billie jean king and actor john cho. mr. obama gave a toast and had words of praise for south korea. >> most of all to the enduring alliance between our nations, a partnership that will never be broken. >> the menu for the night included texas beef, vegetables on the white house garden, and the chocolate cake with asian and american pears. a trio of sisters born in south korea can and brought up in new york performed. >>> 11 days after she went missing, there's still no sign of a missing missouri baby. investigators launched a massive search for 10-month-old lisa irwin, seen on october 3. they have no suspects or leads in the disappearance. her the family hired a private investigator to help with the search. >>> investigators may have a possible motive in the deadly rampage at a ca
cars to south korea and he will highlights a recovery after an $80 billion government bailout. >>> glamorous nighttime event the state dinner at the white house. >> fabulous. if the last night president and mrs. obama hosted the south korean president lee myung-bak and his wife. among the guests were tennis legend billie jean king and actor john cho. mr. obama gave a toast and had words of praise for south korea. >> most of all to the enduring alliance between our nations,...
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137
Oct 10, 2011
10/11
by
KCSMMHZ
tv
eye 137
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companies from south korea and thailand have already made inroads. china in particular has made massive investments, developing mineral resources, natural gas projects, and building pipelines. china now exerts significant influence in the country. decades of closed-door policies under military rule have battered the economy. the new administration says those years are over by emphasizing democratic rule, it also helps to encourage the united states and european countries to lift their economic sanctions. is myanmar on the path to real democracy? we asked aung san suu kyi how strong is the force for change? >> i think the president is very desirous of positive change. but of course i do not know what the situation of the new government is. i think we've got to make it strong. this is our responsibility, this is our duty, to try to make it as strong as possible. we prefer to emphasize what is positive and to help the process along. we also are cautious about saying that change has taken place. >> reporter: the pro-democracy leader also spoke about whet
companies from south korea and thailand have already made inroads. china in particular has made massive investments, developing mineral resources, natural gas projects, and building pipelines. china now exerts significant influence in the country. decades of closed-door policies under military rule have battered the economy. the new administration says those years are over by emphasizing democratic rule, it also helps to encourage the united states and european countries to lift their economic...