S. Korea to face hurdles in keeping developing-nation status: minister nominee
2019.09.04
The nominee to lead South Korea's agriculture ministry said Thursday that Seoul could face an uphill battle to keep claiming developing-country status due to U.S. pressure.
"It is true that South Korea has difficulties in maintaining" the status, Kim Hyun-soo said in a parliamentary confirmation hearing, citing U.S. President Donald Trump's push for reform at the World Trade Organization (WTO) to ensure that some of the "wealthiest economies" won't get special treatment by designating themselves as developing countries.
The nominee to lead South Korea's agriculture ministry said Thursday that Seoul could face an uphill battle to keep claiming developing-country status due to U.S. pressure.
"It is true that South Korea has difficulties in maintaining" the status, Kim Hyun-soo said in a parliamentary confirmation hearing, citing U.S. President Donald Trump's push for reform at the World Trade Organization (WTO) to ensure that some of the "wealthiest economies" won't get special treatment by designating themselves as developing countries.
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