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2026-01-23
Gov't Tackle Investment Pact with U.S., Screen Quota Separately
Written: 2003-07-16 00:00:00 / Updated: 0000-00-00 00:00:00
The government is considering a plan to separate a bilateral investment treaty with the United States from the controversial screen quota system.
On a local radio program Wednesday, Vice Finance and Economy Minister Kim Gwang-rim said relevant government ministries will consider whether it is possible to take a separate approach to the two issues.
The United States wants South Korea to abolish or drastically cut the quota, citing it as an obstacle to signing a bilateral investment treaty.
Under the screen quota system, local theaters are required to show Korean movies for a minimum of 106 days a year to protect the Korean film industry.
On a local radio program Wednesday, Vice Finance and Economy Minister Kim Gwang-rim said relevant government ministries will consider whether it is possible to take a separate approach to the two issues.
The United States wants South Korea to abolish or drastically cut the quota, citing it as an obstacle to signing a bilateral investment treaty.
Under the screen quota system, local theaters are required to show Korean movies for a minimum of 106 days a year to protect the Korean film industry.
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