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Missouri-South Korea $1.2 billion trade agreement

8:22 AM, Mar 21, 2013   |    comments
Gov. Jay Nixon.
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JEFFERSON CITY, Mo. (AP) - Missouri Gov. Jay Nixon has announced $1.2 billion in trade agreements to sell Missouri products to South Korea over the next four years.

Nixon said Thursday that the state had entered into compacts with the Korea International Trade Association, the Korea-U.S. Economic Council and the Korea Importers Association.

While in Seoul, Nixon also met with South Korean government officials and laid a wreath at the Korean War Memorial. The governor says recent threats of war by North Korea's government have not stopped commerce in the region or impacted daily activities.

Nixon has been in Asia for almost a week and is scheduled to return Friday. He announced a $700 million trade deal with Taiwan earlier in the week.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Associated Press

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