US, S Korea set to sign free trade pact

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WASHINGTON, June 30 (AFP): The United States and South Korea are set to sign a landmark free trade agreement to be sent for Congressional approval, but US lawmakers are already saying they will not vote for it.
US Trade Representative Susan Schwab and Korean Trade Minister Kim Hyun-chong are scheduled to ink the pact Saturday, just before President George W Bush's "fast track" trade authority expires at midnight.
The Trade Promotion Authority (TPA) allows the Bush administration to negotiate trade pacts that cannot be amended by Congress but lawmakers can still reject them.
"We cannot support the (agreement) as currently negotiated," four powerful lawmakers from the Democratic party which controls Congress said in a statement after the Bush administration confirmed the agreement signing.