Trade btw. USA and South Korea to Create jobs

This Thursday, November 11th, in the G20, realized in the South Korea, the United States and the South Korea did not get a trade, they said that they decided to take more time, so they can find a solution to solve the problem where both countries are involved.

The problem is not something that involve the whole world, but exclusively both countries, they are trying to find a way to create more jobs in South Korea, according to the United States they would create at least 75 thousand jobs in the country where 9,6% of the whole citizens are unemployed.

According to the Barack Obama, the President of United States, we asked for ours House of Representatives, that involve mainly the ministers of business, work hard to the next few weeks so we can get it done quickly, because we don’t want waste months on it.

The contract is being realized by the President of the United States, Barack Obama, and the President of the South Korea, Lee Myung Bak. But this is a subject that has been discussed since 2007 and it should be resolved, but after they signed the trade, Seoul, capital of South Korea, fight against to open the automotive and red meat sectors, and because of this fact that the contract realized in 2007 is stopped and they want to decided something to resolve it.

The G20 or Group of 20’s is a group where the 19 biggest economies of the world participate to make treatment and decided the best business to make between them to have the best relationship between the countries involved on it, and the name is because there are 20 economies participating of it and the last of them, but not the worse, the European Union, they are not a country but they make part of the biggest and stronger economy of the world.

This group was created in 1999, in a meeting realized in the Colombia of the G7, nowadays this is called G8, where the idea was to create a forum to discuss the best ideas related the bigger companies around the world. And the essential participation is from the presidents of the Central Banks of the biggest economy of the world.

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