United States of America

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,…

An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation on the trade front these…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

By Kyle Ferrier There has been growing concern a gap is emerging between Washington and Seoul over relations with Pyongyang. Anxiety about a rift in the alliance seemed to grow after President Trump on Friday, August 31st cancelled Secretary of State Michael Pompeo’s trip to Pyongyang on the following Sunday. A South Korean envoy subsequently…

By Mark Tokola North Korea celebrated the 70th anniversary of the founding of its state on September 9 in a notably non-belligerent fashion.  Troops paraded, but no long-range missiles were displayed.  Apart from the parade, there was a traditional mass gymnastics performance at the May Day Stadium, and a “National Meeting,” at which the official…

By William B. Brown Let’s examine the North Korean economic scene in the hot Korean summer of 2018 to see if we can get hints at Kim Jong-un’s thinking on what arguably are the most important decisions the regime is making in decades.  Pundits will argue who is more pressed for time, Kim, South Korean…

by Phil Eskeland Earlier today, the Foreign Trade Division of the U.S. Census Bureau revealed the latest set of monthly trade statistics.  The September release of July trade figures gives an opportunity for a mid-year review on trends not only in goods, but also in services trade with all nations of the world, including South…

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.