Ford Europe hits at EU-Korea trade deal

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Series Details 2.5.12
Publication Date 02/05/2012
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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.

Related Links
ESO: Background information: EU Trade chief welcomes progress from first Europe-South Korea Trade Committe
ESO: Background Information: EU Commission welcomes European Parliament backing for free trade deal with South Korea
European Commission: DG Trade: Bilateral relations: South Korea
La Libre Belgique, 12.11.12: Belgium’s Genk factory kicks off week of social unrest (via PressEurop)
Gazet van Antwerpen / De Standaard / ABC, 25.10.12: Ford takes the road from Flanders to Valencia (via PressEurop)

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