U.S. President George W. Bush on Thursday cited a free trade agreement (FTA) with South Korea as one of the tasks he needs to complete during his term. At a Rose Garden press conference, he expressed a desire for Congress to pass "the trade bills on Panama and Peru and Colombia" and for his administration to "further the work we've done on the Korean free trade agreement."
* Seoul and Washington tentatively wrapped up negotiations for an FTA designed to eliminate trade barriers across the board.
* Work was completed in less than a year, and the deal now needs to be ratified by legislators of both governments.Asia Pulse
