KORUS FTA Strengthens the U.S. Economy and Alliance with Korea
Reviving the Korea-U.S. free trade agreement is a critically important issue for both countries.
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Reviving the Korea-U.S. free trade agreement is a critically important issue for both countries.
Contrary to claims by trade protectionists, the proposed South Korea–U.S. free trade agreement does not allow North Korean goods into the US. Goods produced in the Kaesong Industrial Complex are not eligible to be imported into the United States even as components in South Korea products. Congress must reject protectionist efforts to undercut a free trade agreement that would significantly benefit the United States.
For decades, the alliance primarily centered on security, political, and people-to-people ties. Then KORUS changed the game.
President-elect Obama, during the campaign you stressed the need for "sustained, direct, and aggressive diplomacy" with North Korea in order to achieve "the complete and verifiable elimination of allof North Korea's nuclear weapons programs, as well as its pastproliferation activities, including with Syria." When North Koreaprovided data on its nuclear weapons programs, you stated that...
KORUS FTA is a ready-made vehicle for pioneering a clean energy future and ensuring greater prosperity in the two nations.