United States of America

The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to enter into a free trade…

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…

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…

By Juni Kim Notoriously chilly relations between South Korea and Japan received encouraging news this week. In a new joint survey conducted by the South Korea-based East Asia Institute and the Japan-based Genron NPO, fewer South Koreans and Japanese hold negative impressions of each other than in previous years. South Korean unfavorable impressions of Japan…

By Jenna Gibson After a rough 2015 marred by a major health scare, tourism to South Korea has bounced back and then some. In newly released data from the Korea Tourism Organization (KTO), 8.1 million tourists entered South Korea so far in 2016, a 21 percent increase over the same period in 2015. If the…

By Jenna Gibson In Thailand, students applying to college will soon have the option of using Korean as their foreign language. Beginning in 2018, Korean will become the seventh foreign language available on the test, along with Chinese, Arabic, Japanese, French, German, and Pali. English communication is also a required part of the exam. This…

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.