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…

For the first time in decades, there is a real sense of urgency in revitalizing U.S. shipbuilding. There is bipartisan political interest in challenging China’s dominance in this space, and the U.S. private sector appears poised to capitalize on the momentum. Tangible and well-timed developments such as Hanwha’s purchase of Philly Shipyard have added to…

Strategic competition between the United States and China spans various fields, from security to economic dimensions. Shipbuilding is a particularly salient industry within this space. Both the United States and China rely heavily on maritime platforms such as naval ships for power-projection purposes. The Chinese government has significantly increased investments in military modernization, leading to…

From May 13 to 15, 2025, the Korea Economic Institute of America (KEI) brought its Future of Korea (FOK) outreach program to Burlington, Vermont, in partnership with the Vermont Council on World Affairs. The FOK delegation consisted of representatives from KEI, the U.S. Department of State, and the South Korean Embassy. During the visit, the…

On May 20, 2025, the UN General Assembly held its first-ever “high-level session” devoted to the human rights abuses of North Korea. This latest action ups the ante in calling for reform of North Korea’s abysmal human rights record. Every year since 2004, the General Assembly has adopted resolutions criticizing North Korea and calling for…

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.