1. Prospects for Implementing the Korea-US Free Trade Agreement
- Author:
- Jeffrey J. Schott
- Publication Date:
- 10-2010
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- The Korea-US Free Trade Agreement (KORUS FTA) was signed on June 30, 2007. Since then, the Korean National Assembly has vetted the agreement and the pact cleared a major legislative hurdle when the Foreign Affairs and Trade Committee approved it in April 2009; the full assembly has deferred final passage pending comparable action by the US Congress. In the United States, the ratification process has not yet begun; neither President George W. Bush nor President Barack Obama has submitted implementing legislation to Congress.
- Topic:
- Diplomacy, International Trade and Finance, Bilateral Relations, and Law
- Political Geography:
- United States, Israel, Asia, and Korea