FACTBOX-Free trade deals the U.S. is still negotiating
(Reuters) - South Korea and the United States agreed to a trade deal on Monday, after two missed deadlines and months of talks. Studies estimate the deal could add some $20 billion (10 billion pounds) to the countries' current annual $71.5 billion in trade.
Here is an overview of other deals in negotiation in Asia and around the world.
MALAYSIA:
- In February 2007 Malaysia and the United States ended their fifth round of faltering talks on a deal which could double their $44 billion flow of two-way trade.
- Neither side has much hope of a speedy solution given Washington's desire for Malaysia to open up government contracts to U.S. firms -- a move which would contravene its politically sensitive affirmative action policies.
THAILAND:
- Talks that began in 2004 are likely to remain suspended because of Thailand's September 2006 coup. In November 2006, Assistant U.S. Trade Representative Barbara Weisel said talks would not resume until a democratic government was in place.
- The United States is Thailand's second-biggest source of direct foreign investment, with $21 billion invested by more than 600 companies.
ANDEAN: Continued...
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