United States of America

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…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…

By Troy Stangarone The global automobile industry is on the verge of significant changes. Google, Uber, and traditional automobile manufacturers are pushing further into the development of autonomous vehicles and seeking to disrupt how vehicles are used by consumers. While the development of autonomous vehicles may change the way automobiles are used, they are not…

By Troy Stangarone If negotiating a nuclear deal with North Korea was already a fraught proposition, President Donald Trump’s decision to no longer certify the Iran nuclear deal despite Iran’s compliance with the Joint Comprehensive Plan of Action (JCPOA) just made that prospect all the more difficult. For decades one of the main obstacles to…

By Hayeon Carol Park On September 21st, Uber Technologies, Inc. launched UberSHARE, a car pool service in South Korea, just a month after it launched the restaurant delivery app UberEATS. The successful launch of these services raise an important question: why is UberX still not offered in South Korea? The answer is simple – the…

By Paul Sung Classical music is a dying art that is shrinking partly due to the lack of entrepreneurial innovation. This trend is especially evident in South Korea. Although native Korean musicians like Sohn Jeung-beum, Son Yeol-eum, Yekwon Sunwoo, and Jasmine Choi have risen with much success with their music, only a few classical musicians…

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.