South Korea's trade minister said that the free trade agreement (FTA) with the United States has benefited both countries and Asia's fourth-biggest economy is hopeful of making more progress. Speaking at the American Chamber of Commerce in Korea, Minister Joo Hyung-hwan said that the free trade agreement has been the framework of economic cooperation between the two countries and has contributed to the stable management of trade-related issues. He said that South Korea plan to talk with US officials on issues including regulation cooperation while emphasizing on FTA's implementation in full.