Since December, when President Barack Obama and South Korean President Lee Myung-bak announced that they made further progress on US-South Korea Free Trade Agreement (KORUS-FTA), the agreement has been highly debated on its way to Congress.
The US and South Korea have plans to meet to further discuss the KORUS Free Trade Agreement, which has yet to be approved by Congress.
China, South Korea, and Japan are meeting to investigate the possibility of a trilateral trade agreement between the Asian economic powerhouses.
While visiting South Korea, President Obama announced his intention to pass the South Korea-US free trade agreement that is currently on hold, pending approval in Congress. From the New York Times, on Thursday: At a news conference in Seoul, South Korea, Mr. Obama and the president of South Korea, Lee Myung-bak, both declared their desire [...]
It’s been a busy month for South Korea’s international trade representatives! While on a visit to the Washington, DC, Korean President Lee Myung-bak and senior officials worked out some plans with Commerce Secretary Gary Locke, ultimately signing a Memorandum of Understanding regarding: High-Tech Trade. Deepening the collaborative high-technology relationship, including facilitating secure bilateral high-tech trade [...]