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 Joseph Dahl and Diane Stevenson Amid Congressional gridlock, the border crisis and a lawsuit against the President, a rather important and potentially consequential bill passed the House without much attention. H.R. 1771, the North Korea Sanctions Enforcement Act of 2014, would put renewed pressure on the Kim regime if successfully passed by the Senate…

By Nicholas Hamisevicz April is often a contentious month for inter-Korean relations. With joint and combined military exercises, along with anniversaries and holidays, there are plenty of opportunities for provocations and hateful rhetoric. April 2014 was no different. An inter-Korean understanding earlier in the year toward ceasing hostile rhetoric has collapsed and North Korea again…

By Phil Eskeland As President Barack Obama arrives in Asia, some critics of free trade use out-of-date or incomplete trade statistics on the Korea-U.S. (KORUS) Free Trade Agreement (FTA) to justify opposition to the Trans Pacific Partnership (TPP). First, it is premature to offer a definitive opinion on the success or failure of any trade…

By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of Congress pointed to increased merchandise trade deficits with Korea after the implementation of the KORUS FTA as a reason to oppose a new grant of TPA. However, while the merchandise…

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.