Korus FTA
Policy News
U.S. - South Korea (ROK)
Economics and Trade Relations
| 2008 |
FACTS ABOUT AMERICAN BEEF |
June 12, 2008
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January 10, 2008 - Gutierrez: Korea FTA “Too Important to be Allowed to Fail”
Thank you, Jack, (Pritchard, KEI President) and thank you for inviting me to join you at today’s program to celebrate the achievements of Korean-Americans and discuss one of the most important initiatives facing our two countries today—the U.S.-Korea Free Trade Agreement.
First, I’d like to congratulate the Korea Economic Institute on your 25th anniversary. KEI has helped deepen understanding among Americans about developments in Korea, and the value of the Korea-U.S. relationship. more
| 2007 |
March 30, 2007 - 2007 National Trade Estimate Report on Foreign Trade Barriers
The 2007 National Trade Estimate Report on Foreign Trade Barriers (NTE) is the twenty-first in an annual series that surveys significant foreign barriers to U.S. exports. The report provides, where feasible, quantitative estimates of the impact of these foreign practices on the value of U.S. exports. Information is also included on actions taken to eliminate barriers. more
| 2006 |
November 10, 2006 - South Korea Loosens, Clarifies Trade Restrictions on U.S. Beef
Washington -- In response to a request by the U.S. Department of Agriculture (USDA), South Korea has provided the United States with updated information on its beef trade restrictions, the USDA announced November 9. South Korea told the United States that it will remove silver skin (a membrane separating muscle groups) from its list of banned items, and will not consider cartilage, breastbone and bone chips as specified risk material. The term "specified risk material" refers to parts of a cow thought to transmit bovine spongiform encephalopathy (BSE) – mad cow disease. more
September 8, 2006 - South Korea Resumes Importation of U.S. Boneless Beef
U.S. agriculture secretary calls move "first step in normalizing trade of beef"
The Republic of Korea announced on September 7 that it will resume importing U.S. boneless beef, but only from cattle less than 30 months of age. more
April 28, 2006 - 2006 Special 301 Report , U.S. Trade Representative
The 2006 "Special 301" annual review examines in detail the adequacy and effectiveness of intellectual property rights protection in 87 countries. Based on a lengthy process of information gathering and analysis, the United States Trade Representative has identified 48 countries that are designated in the categories of Priority Watch List, Watch List, or Section 306 Monitoring. more
March 31, 2006 - U.S.-South Korea Trade Pact Could Benefit Women Entrepreneurs
Washington -- Successful negotiation of a U.S.-South Korea Free Trade Agreement (FTA) could benefit both Korean and American female entrepreneurs by promoting economic growth and reform in Korea, says U.S. Ambassador to South Korea Alexander Vershbow. more
February 8, 2006 - Questions and Answers from Economic Press Roundtable with Embassy Official
QUESTION: I am from Dong-A Daily. Previously you said that you hope that other Northeast Asian countries will be inspired by the ROK-US FTA and move to sign FTAs with the US. So does the US have any further plans or strategy to sign FTAs with other Northeast Asian or Asian countries? more
January 13, 2006 - South Korea Agrees To Lift Partially Ban on U.S. Beef Exports
U.S. officials welcome move as first step toward normalization of trade
The United States and South Korea have reached agreement on an initial import protocol that would reopen South Korea's market to certain exports of U.S. beef, Secretary of Agriculture Mike Johanns and U.S. Trade Representative Rob Portman announced January 13. more
Fact Sheet