With the National Assembly also ratifying the revised Korea-U.S. free trade agreement on Friday, the deal could be implemented as early as next January. <br /> The agreement was reached in March this year,... and signed by the respective presidents in September. <br />Under the revision, Seoul will double the cap on the number of vehicles each U.S. automaker can sell in South Korea to 50-thousand for cars that meet U.S. safety rules, but not necessarily Korean ones. <br />Washington will also extend a 25 percent tariff on Korean pickup trucks 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 />
