With the National Assembly also ratifying the revised Korea-U.S. free trade agreement on Friday, the deal could be implemented as early as January next year. <br />The agreement was reached in March this year,... and signed by the respective presidents in September. <br />In the deal, Seoul will double the cap for U.S. car imports that don't have to meet domestic standards to 50-thousand vehicles.<br />Washington will also extend a 25 percent tariff on Korean pickup truck imports until 2041.<br />Other tweaks to the deal will make it harder for foreign investors to sue the Korean government, and will increase transparency for U.S. import restrictions, such as anti-dumping and countervailing duties. <br />
