NEW YORK – South Korea will loosen restrictions on imported vehicles once a fair-trade agreement with the U.S., which was signed last April, is ratified by the two governments, says Tami Overby, president and CEO of the American Chamber of Commerce in South Korea. “Auto guys say it will be a halo effect (of the agreement)," she says. In an interview at the Korean Investment Forum 2007 here, Overby says Korea will import more than 50,000 vehicles this year, but only 4,000-5,000 will be ...

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