United States of America

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…

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…

By Troy Stangarone In recent years, the perception of Korea on the global stage has begun to change. This shift is partly a reflection of Korea’s emerging economic stature. While China may get much of the press, decades of economic success have led other developing nations to view Korea as a model for economic development,…

By Chad 0Carroll Rewind to April 1995, just one year after the death of Kim Il Sung, a nuclear crisis that nearly brought about war, and a time of biting economic hardship.  After such a long period of mourning, probably the last thing you would have expected to see taking place would be an international…

By Nicholas Hamisevicz Last month South Korea’s Defense Acquisition Program Administration (DAPA) commissioner Noh Dae-lae stated that DAPA had exceeded its defense exports goals last year and was now attempting to sell over $3 billion defense exports in 2012.  South Korea might have hit that $3 billion mark last year if it won a contract…

By Ben Hancock It’s still unclear whether the rapid political shift underway in Burma can carry its momentum. Even the matter of what is truly driving its evolution seems to be guesswork at this point; and as the NYT’s Edward Wong reminds us, there is the minor matter of a seething rebellion in the Kachin…

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.