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 William B. Brown “War” might be a little strong, but I think everyone would agree it’s at least a fierce and growing skirmish.  China’s Customs Bureau on Friday reported a sharp, 23 percent drop in exports to North Korea in December from the year-earlier month, to $258 million, and a stunning 83 percent drop…

By Kyle Ferrier It was only just reported last week that South Korean Foreign Minister Kang Kyung-hwa will be attending the World Economic Forum (WEF) in Davos, Switzerland. Her visit to the annual conference most closely associated with globalization marks the first time a South Korean foreign minister has participated since Yoon Byung-se attended in…

By Juni Kim Last week, two minor South Korean political parties, the People’s Party and the Bareun Party, announced an agreement to merge into a new centrist party. Although the agreement has not been finalized, the merger if completed would be a significant test for the viability of an influential third political party in a…

By Troy Stangarone In 2017, much of the world’s attention turned to the Korean Peninsula. South Korean politics underwent major changes as President Park Geun-hye became the first South Korean president to be removed from office and a snap election was held in May that saw the election of Moon Jae-in. North Korea also dominated…

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.