Japan/Korea

KORUS FTA

KORUS is Helping America

 

The U.S.-Korea Free Trade Agreement (KORUS) entered into force on March 15, 2012. As written, it is the United States’ strongest, most up-to-date free trade agreement. It is expanding opportunities, creating American jobs, and paving the way for substantial Korean investment in the United States.

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Recent Activity

EventApr 16, 2018 - 3:00pm to 4:30pm

Enhancing the U.S.-Korea Partnership

As part of our KONNECTUS initiative the U.S. Chamber of Commerce and the Korea International Trade Association cordially invite you to join a discussion of the bilateral trade and investment relationship, including the recently proposed modifications to the U.S.-Korea Free Trade Agreement (KORUS).

Press ReleaseMar 28, 2018 - 12:30pm

U.S. Chamber's Donohue Statement on the U.S.-Korea Free Trade Agreement

WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue today issued the following statement on the U.S.-Korea Free Trade Agreement (KORUS): “The U.S. Chamber welcomes today’s announcement from the United States and South Korea regarding KORUS, restoring certainty to one of our most important economic and national security relationships.  

EventMar 26, 2018 - 12:30pm to 6:00pm

Asia-Pacific Economic Corporation (APEC) Cross Border Privacy Rules (CBPR)

This workshop will feature panel discussions focused on implementation, benefits, and operation of Cross-Border Privacy Rules as well as the next steps for promoting CBPRs. U.S. Commerce Secretary Wilbur Ross and U.S. Federal Trade Commission Acting Chairman Maureen Ohlhausen will deliver keynote remarks.

Above the FoldMar 15, 2018 - 5:00am

Six Wins as KORUS Turns Six

U.S. exports of both goods and services to South Korea hit record levels in 2017.

Above the FoldFeb 06, 2018 - 1:15pm
A doctor performs surgery with the help of a nurse Seoul, South Korea.

KORUS Implementation Matters to the Future of Health Care Innovation in Korea

It would promote increased exports of U.S. health care innovations to Korea, supporting jobs here.

Above the FoldJan 29, 2018 - 9:00am
President Donald Trump speaks at the World Economic Forum in Davos, Switzerland.

Reminder From Davos: Trade Moves on Without Us

If America is not leading on trade, it is falling behind.

Above the FoldDec 22, 2017 - 1:00pm
Attendees try out Samsung's Galaxy Note 8 smartphones at a media event in Seoul, South Korea.

How Can Asia Grow its Digital Economy?

Policymakers must be wary of short-sited or inward-looking policies.

Press ReleaseDec 15, 2017 - 3:00pm

David Cordani Named Chairman of U.S. Chamber’s U.S.-Korea Business Council

WASHINGTON, D.C.—The U.S. Chamber’s U.S.-Korea Business Council (USKBC) today announced that David M. Cordani, president and CEO of Cigna Corporation, was elected chairman. Mr. Cordani, president and CEO of Cigna since 2009, will serve a two-year term, succeeding Dr. Paul Jacobs, executive chairman of Qualcomm. 

LetterNov 03, 2017 - 5:15pm

Joint Statement: 54th U.S.-Japan Business Conference

The U.S.-Japan Business Council (USJBC) and Japan-U.S. Business Council (JUBC) held the 54th meeting of the U.S.-Japan Business Conference in Washington on November 2-3, 2017, under the Conference theme: “U.S.-Japan Ties at a Critical Juncture."  

LetterOct 12, 2017 - 3:00pm

Joint Statement: U.S.-Korea Business Council and Korea-U.S. Business Council

On October 11, 2017 the U.S. Chamber’s U.S.-Korea Business Council and the Korea-U.S. Business Council issued a joint statement following the annual joint plenary meeting of the two councils. The joint statement reaffirms their commitment to KORUS and continued economic cooperation between the two nations.