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Obama Hosts South Korean President Lee Myung-Bak At White House

Obama South Korea Free Trade

MATTHEW PENNINGTON and ERICA WERNER   10/13/11 11:55 PM ET   AP

WASHINGTON — President Barack Obama praised a just-completed trade deal with South Korea on Thursday as he welcomed the country's president to the White House, offering warm praise for a solid ally in a world in flux.

At a joint news conference with South Korean President Lee Myung-bak, Obama said the long-delayed trade pact approved late Wednesday by Congress is "a win for both our countries," and that he and Lee had agreed to move forward with it quickly.

Obama said the deal would increase U.S. exports by $11 billion and support 70,000 jobs, while opening Korea's market to more U.S. goods. Alluding to an issue that held up the deal, Obama said, "I'm very pleased it will help level the playing field for American automakers."

Obama is scheduled to take Lee with him Friday to the Detroit, Michigan, area, the center of the U.S. auto industry, to tour a General Motors plant.

Lee said the trade deal, which still requires approval from South Korea's legislature, "will mark a turning point in the enduring alliance between our two nations" and called it "a historic achievement that will become a significant milestone."

It is America's biggest free-trade agreement since the 1994 North American Free Trade Agreement with Canada and Mexico. The pact will elevate the U.S.-South Korean alliance, traditionally defined by their opposition to communist-governed North Korea. More than 28,000 U.S. troops remain based in South Korea as a deterrent.

Lee's state visit, which began officially Thursday morning with a South Lawn arrival ceremony full of pomp and circumstance despite persistent rain, gave Obama a chance to celebrate a political victory after going to Seoul last November to announce a free-trade pact with Lee – only to stand with his ally empty-handed because their negotiators had been unable to finish the deal.

For Obama, it was a rare bipartisan achievement amid political gridlock over his jobs agenda heading into his re-election campaign, and the president promoted it as proof of his ability to work with the opposition.

"This trade deal, this Korea free trade act, shows we are happy to work with Republicans where they are willing to put politics behind the interests of the American people," Obama said.

Lawmakers gave Lee a rousing reception later as he became the first Korean president in 13 years to address a joint meeting of Congress. Speaking to an audience wearing headsets to hear the translation of his speech delivered in Korean language, Lee described the U.S.-South Korean alliance as one forged in the blood of the 1950-53 Korean War and sustained by a shared belief in economic and political freedom.

On Thursday evening, Lee was to attend a state dinner at the White House, the Obama administration's fifth such gala. The night before, Obama entertained Lee in a less formal setting, taking him to eat at an upscale Korean restaurant in suburban Virginia.

It was a sign of the close relationship between the two leaders, emphasized by both during their news conference.

Obama called Korea "one of our strongest allies" and praised Lee's "vision and commitment." Lee returned the compliment, speaking of "the strong partnership and friendship between our two countries."

South Korea has proved a willing helper on foreign policy priorities advanced by Obama such as the war in Afghanistan and fighting climate change. Underscoring the depth of ties, Lee declared that for stability to endure in Northeast Asia, U.S. leadership "must remain supreme in the 21st century."

Obama had strong words for North Korea, saying that "if Pyongyang continues to ignore its international obligations it will invite even more pressure and isolation." Asked whether North Korea might one day undergo the kind of popular uprising that toppled governments in the Arab Spring, Obama suggested that someday it might.

"I think that obviously the people of North Korea have been suffering under repressive policies for a very long time and none of us can look at a crystal ball and known when suddenly that type of government collapses on its own," Obama said. "What we know though is what people everywhere ... are looking for is the ability to determine their own destiny."

Lee said that South Korea and the U.S. "speak with one voice" on North Korea. He also told lawmakers that he would never accept the division of the Korean Peninsula as a "permanent condition." He said the South and North must achieve a peaceful reunification, but for that to happen, the North must give up its nuclear ambitions.

For the past three years, the allies have moved in lockstep in their diplomacy toward North Korea, which was accused of launching two military attacks in 2010 that sank a South Korean submarine and killed 50 South Koreans, almost sparking another war on the divided Korean Peninsula.

Obama and Lee have refused to offer fresh aid and incentives to North Korea without Pyongyang taking concrete action to show it is sincere about eventually giving up its nuclear weapons.

That policy of "strategic patience" and reluctance to jump back into negotiations has come in for criticism. While multinational disarmament talks have been suspended, North Korea has unveiled a uranium program that gives it a new means of generating fissile material for atomic bombs.

In recent months, however, both Seoul and Washington have held exploratory talks with Pyongyang, helping dial down tensions.

The United States is expected to hold another meeting with North Korea soon, to discuss how the six-nation disarmament-for-aid negotiations can get back on track. Although it is thought very unlikely Pyongyang would ever give up its nuclear weapons, talks are seen as a way of forestalling fresh aggression by the North.

Both South Korea and the United States are entering an election year and will want to avoid the kind of security crisis that could ensue following a nuclear test or military attack.

___

Associated Press writers Jim Kuhnhenn, Ben Feller and Julie Pace contributed to this report.

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WASHINGTON — President Barack Obama praised a just-completed trade deal with South Korea on Thursday as he welcomed the country's president to the White House, offering warm praise for a solid a...
WASHINGTON — President Barack Obama praised a just-completed trade deal with South Korea on Thursday as he welcomed the country's president to the White House, offering warm praise for a solid a...
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HUFFPOST SUPER USER
GrumpyinAZ
My opinion is worth every penny you paid for it
03:28 PM on 10/23/2011
Wave goodbye to him Obama, Lee is a goner. That trade pact allows Hyundai to send parts to their assembly plant in Kaesong and have them assembled by North Korean Slave Labor then bring them south for shipment. The South Korean Auto Workers are in the streets about this. Unlike US Auto Workers the South Koreans won't put up with Hyundai using scabs.
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HUFFPOST SUPER USER
wizedollars
"Those who like Neil Diamond, and those who don't.
01:35 PM on 10/14/2011
Obama answers to Fortune 100 companies, period.
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HUFFPOST SUPER USER
wizedollars
"Those who like Neil Diamond, and those who don't.
01:30 PM on 10/14/2011
America now promotes slave labor for corporations. No wonder why this country is doomed, we have lost the moral high ground...
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HUFFPOST SUPER USER
wizedollars
"Those who like Neil Diamond, and those who don't.
01:18 PM on 10/14/2011
A bipartisan sellout of the American worker. We need to let DC know that we are aware of the scam. OWS needs to make anti-free a centerpiece of their protests.
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HUFFPOST SUPER USER
GrumpyinAZ
My opinion is worth every penny you paid for it
03:30 PM on 10/23/2011
How many states allowed Hyundai to build non union plants?
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HUFFPOST SUPER USER
Yikes11
Elbows off the Table
09:17 PM on 10/13/2011
Yes, baggers do have HP priviledges, because I can't buy a post . . . Not even one from Frederick Douglass- go figure!!
annyp
A Canuck, eh!
03:28 PM on 10/13/2011
This is what globalization is about. Why do you think people for a number of years were protesting at G20 Summit meetings or was no one paying attention? Truthfully these protests all around the world didn't get much media attention here as no one seemed to understand globalization and how ill prepared this country was. Nothing has been done in the last 30 years to prepare or educate people for this change.
03:23 PM on 10/13/2011
Obama is scum.
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HUFFPOST COMMUNITY MODERATOR
termgirl
terminate nuclear power
03:11 PM on 10/13/2011
This is the roll-call vote in the House on 738 (US Korea Trade Agreement

Yes: 59 D 215 R
No: 131 D 21 R

(It seems the President is more in step with Congressional Republicans.
To call this "bi-partisan" is a bit of an exaggeration.)
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HUFFPOST COMMUNITY MODERATOR
termgirl
terminate nuclear power
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HUFFPOST COMMUNITY MODERATOR
termgirl
terminate nuclear power
02:54 PM on 10/13/2011
"Even the official U.S. International Trade Commission has admitted that KORUS-FTA will cause significant job losses. And not just in low-end industries: the ITC foresees the electronic equipment manufacturing industry, with average wages of $30.38 in 2008, as a major victim.

The supposed logic of America swapping junk jobs for high-end jobs simply isn't the way the economics really works out. Pace free-market mythology, there are actually well-understood reasons for this, if you dig a little into what economists already know."
http://www.marketoracle.co.uk/Article29309.html
03:08 PM on 10/13/2011
Obama campaigned against KORUS- FTA during the 2008 campaign.....what happened??
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HUFFPOST COMMUNITY MODERATOR
termgirl
terminate nuclear power
03:14 PM on 10/13/2011
Good question.
"He campaigned against KORUS-FTA during the 2008 campaign. (It was originally negotiated, but not ratified by Congress, by Bush in 2007.) Among other things, that Obama said:

I strongly support the inclusion of meaningful, enforceable labor and environmental standards in all trade agreements. As president, I will work to ensure that the U.S. again leads the world in ensuring that consumer products produced across the world are done in a manner that supports workers, not undermines them.Nice words. Unfortunately, none of them are reflected in KORUS-FTA, which contains no serious new provisions on these issues."
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HUFFPOST SUPER USER
Nevervotesrepublican
Congressional Approval... 5%
01:58 PM on 10/13/2011
Why is there no stories on this Free Trade deal??? We might want fair trade, but that is not what we are getting. Why does Obama tout his jobs bill that just got shot down in the Senate and turn around and sign this job sucking free trade agreement.

Washington doesn't care about jobs and neither does the President.
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Mister Grumpy
An Angry American
02:06 PM on 10/13/2011
But... But.... his sound bytes say otherwise.........
HUFFPOST SUPER USER
kenhamlett
02:10 PM on 10/13/2011
You point is absolutely on target.
This user has chosen to opt out of the Badges program
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lornejl 2
My micro always seems to be one letter too lon
01:55 PM on 10/13/2011
This is interesting, ABagger posted someLies and I copy and pasted one line ofHisLies and it went to pending.

BaggersHaveHP privileges.
This user has chosen to opt out of the Badges program
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lornejl 2
My micro always seems to be one letter too lon
01:58 PM on 10/13/2011
Now they unleash them all at once, it's a conspiracy I tell ya !
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Mister Grumpy
An Angry American
02:06 PM on 10/13/2011
Nope........ the off shored moderators can only work so fast..........
This user has chosen to opt out of the Badges program
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lornejl 2
My micro always seems to be one letter too lon
01:53 PM on 10/13/2011
ThisBaggersName must be a bannedWord because when I posted it went to pending twice

BaggerSaid ; When OWS accepted Van Jones, SEIU and the Workers Party into their ranks, you lost me!

--------------------------

BaggerLiesOWS never accepted anyone as their spokesman.
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HUFFPOST SUPER USER
alohageedub
02:00 PM on 10/13/2011
Are you blind??? You typed my post and yet you claim I said spokesman.
This user has chosen to opt out of the Badges program
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lornejl 2
My micro always seems to be one letter too lon
01:49 PM on 10/13/2011
This anotherLyingRightWinger, how can every last one of lieLikeYou do ?
=================================

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HUFFPOST SUPER USER
alohageedu­b
288 Fans
Become a fan
3 minutes ago (1:42 PM)
When OWS accepted Van Jones, SEIU and the Workers Party into their ranks, you lost me!
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HUFFPOST SUPER USER
alohageedub
01:56 PM on 10/13/2011
Did Van Jones speak at the OWS? Did SEIU provide buses for OWS protesters? Did the Workers Party participate and speak at the protest? End of story!
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OMEGA MAN
A wise man learns from the mistakes of others.
01:49 PM on 10/13/2011
The NYT went overboard in covering up the protectionism in the trade pacts approved by Congress yesterday. All three deals substantially increase protectionism in the form of patent and copyright protection. The former will likely increase the price of drugs in the countries partnering with the United States. The distortions created by these protections will reduce real wages and lower output.

For this reason, it is wrong to call these pacts "free trade" agreements, as the NYT did four times in a short piece. It is also inaccurate to say as the NYT does:

"Economists generally predict that free trade agreements, which eliminate tariffs and other policies aimed at protecting domestic manufacturers, benefit all participating nations by creating a larger common market, increasing sales and reducing prices."

This does not follow when protectionist barriers raise the price of a substantial group of products.
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drp103
SYSTEM ON
01:49 PM on 10/13/2011
biggest threat to the economy, and ALL anyone cares about is Rick Perry's hair