United States of America

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…

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…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here What Happened The Ministry of Land, Infrastructure, and Transportation…

By Yeaji Nam South Koreans are suffering from record-setting air pollution. Among the OECD member countries, South Korea recorded the second highest ultra-fine dust levels in 2018. In addition, Seoul was ranked first on poor air quality among the major capital cities around the world. This level of air pollution is a major threat to…

By Phil Eskeland The U.S. Department of Commerce released its monthly trade data for January, which encompassed 4th Quarter 2018 statistics on trade in services with 15 individual countries, including South Korea.  Once again, the U.S. maintained its bilateral trade surplus in services with Korea because of yet another record-level of U.S. service exports to…

By Haram Chung The World Trade Organization (WTO) authorized South Korea to levy $85 million in tariffs on U.S. products as compensation for the improper way the U.S. calculated higher anti-dumping duties on Korean-made large residential washing machines. Apart from this, however, there was a controversy over the U.S.'s safeguard, which imposed another tariff on…

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.