Kia Auto
Kia Auto
Kia Auto
Kia Auto Parts 2011
Great Prospects In The Horizon For Korean Auto Parts Industry
Boom time is round the corner for the likes of Kia parts. Nearly 70 percent of U.S. buyers have shown their willingness to increase their purchases of South Korean once the Korean-US free trade agreement will come into effect. The free trade agreement once ratified by the legislature of both countries will almost completely eliminate tariff barriers and offer protection to multinational financial sectors and firms like Kia parts. The key reason cited by U.S. automakers is the price competitiveness of the parts and uncompromising strict quality requirements. Under the Free Trade Agreement signed in November 2010, the United States will immediately lift all tariff barriers from South Korean auto and gradually phase out tariff on South Korean automobiles. The makers of Kia parts are upbeat, as this agreement is expected to markedly improve sales to the United States in the coming years.
Boom time is round the corner for the likes of Kia parts. Nearly 70 percent of U.S. buyers have shown their willingness to increase their purchases of South Korean once the Korean-US free trade agreement will come into effect. The free trade agreement once ratified by the legislature of both countries will almost completely eliminate tariff barriers and offer protection to multinational financial sectors and firms like Kia parts. The key reason cited by U.S. automakers is the price competitiveness of the parts and uncompromising strict quality requirements. Under the Free Trade Agreement signed in November 2010, the United States will immediately lift all tariff barriers from South Korean auto and gradually phase out tariff on South Korean automobiles. The makers of Kia parts are upbeat, as this agreement is expected to markedly improve sales to the United States in the coming years.
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