United States of America

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

By Troy Stangarone North Korea has conducted its fifth nuclear test, the second test in less than a year. In combination with its efforts to advance its ballistic missile programs and develop second strike capabilities, Pyongyang has demonstrated that it is committed to developing a usable nuclear warhead in spite of international pressure to halt…

By Jiwon Nam Trans Pacific Partnership (TPP) is a trade agreement among twelve Pacific Rim countries. TPP originated with countries including Singapore, Brunei, New Zealand and Chile in 2005 as Trans-Pacific Strategic Economic Partnership Agreement, which were later joined by eight additional countries. The final agreement was signed by the twelve initial members on February…

By Caleb Cho According to a South Korean News Agency, Choe Ryong-hae, vice chairman of North Korea’s Worker’s Party Central Committee, was sent to Brazil along with 31 athletes for the Rio Olympic Games.  Given the fact that North Korea has been so isolated from international community for decades and the number of athletes representing…

By Jenna Gibson  Every language has "untranslatable words" - a word that perfectly encapsulates a feeling or situation which lacks an exact equivalent in other languages. German's "schadenfreude" famously describes the feeling of deriving pleasure from another person's pain. Korean has plenty of these words. Some commonly cited examples are 정 (jung), a deep love…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.