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…

After more than a year since the previous one expired, the U.S. and South Korea finally agreed to terms for a new military burden-sharing deal. The Special Measures Agreement (SMA) had previously been hostage to former U.S. President Donald Trump’s transactional approach to alliances which proved to be a looming threat to U.S.- Korea ties.…

Despite President Joe Biden’s previous description of Russia as an “opponent” and the regime of President Vladimir Putin as “KGB thugs”, it remains possible for Washington and Moscow to cooperate where strategic interests align. This was demonstrated by the extension of the New START Treaty, an agreement that was reached within days of the Biden…

It is the job of every foreign ministry to advance the interests of its country. But how, precisely? Biden’s first foreign policy speech stressed basic principles, and focused in no small measure on democratic values and restoring American presence on the world stage. This focus mirrored themes Biden raised in his campaign, to be sure.…

What Happened There is speculation in South Korea that the Biden administration will strengthen ties between democratic countries to affect U.S. engagement with China. While Seoul has been hesitant to make any moves that might provoke China, former ROK ambassador to the United States Yang Sung-chul noted that the forum can be a means to advance South Korea’s own…

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.