Ford Europe hits at EU-Korea trade deal

The European boss of Ford Motor Stephen Odel, the continent’s fourth-ranked carmaker by sales, complained in May 2012 about 'significant imbalance' in trade in cars under a free trade agreement with South Korea that took effect in 2011.

The remarks reflected automakers’ growing disquiet with free trade amid dismal industry-wide sales conditions, even as the European Commission aimed to conclude similar FTAs with India and Japan.

ESO: Background information: EU Trade chief welcomes progress from first Europe-South Korea Trade Committe http://www.europeansources.info/record/press-release-eu-trade-chief-welcomes-progress-from-first-europe-south-korea-trade-committee/

ESO: Background Information: EU Commission welcomes European Parliament backing for free trade deal with South Korea http://www.europeansources.info/record/press-release-eu-commission-welcomes-european-parliament-backing-for-free-trade-deal-with-south-korea/

European Commission: DG Trade: Bilateral relations: South Korea http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/countries/korea/

La Libre Belgique, 12.11.12: Belgium’s Genk factory kicks off week of social unrest (via PressEurop) http://www.presseurop.eu/en/content/news-brief/3021611-belgium-s-genk-factory-kicks-week-social-unrest

Gazet van Antwerpen / De Standaard / ABC, 25.10.12: Ford takes the road from Flanders to Valencia (via PressEurop) http://www.presseurop.eu/en/content/press-review/2942651-ford-takes-road-flanders-valencia

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