KORUS

Recent Activity

Above the FoldNov 17, 2017 - 4:45pm
President Donald Trump speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Da Nang, Vietnam.

U.S. Leadership Needed in the Asia-Pacific

As the U.S. stands still other nations will continue moving ahead at the expense of our exporters and their workers.

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.

Press ReleaseSep 05, 2017 - 3:00pm

U.S. Chamber Statement on Threats of Withdrawal from U.S.-South Korea Trade Agreement

WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement in response to reports that the Trump administration is considering withdrawing from the U.S.-South Korea Free Trade Agreement (KORUS):

Op EdJun 27, 2017 - 12:15pm

Business Insider Op-ed: Now is not the time to rip up the US' trade deal with South Korea

When South Korean President Moon Jae-in arrives in Washington this week for his first official visit as Head of State, he will provide President Trump an opportunity to energize relations with a vital Asian ally. The U.S. Chamber of Commerce hopes the administration will seize this opportunity to ensure our trade ties fulfill their potential.

ReportApr 21, 2017 - 1:30pm

Pacific Partners 2017: Japan's Economic Importance to the U.S.

This document, Pacific Partners 2017, is the third update on the ties between the U.S. and Japan, and is compiled by the U.S.-Japan Business Council. For this update, the growing exports of Japanese owned U.S. plants is but one of the highlights worth noting.

Above the FoldMar 15, 2017 - 7:00pm
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Five Years of Free Trade: KORUS is Not Perfect, But It’s Working

I still remember the anxiety I got from driving an American-made car in Seoul.

Press ReleaseNov 10, 2016 - 6:30pm

U.S.-Korea Business Council and Korea-U.S. Business Council Joint Statement on 2016 Plenary

Members of the U.S.-Korea Business Council and the Korea-U.S. Business Council highlighted the strong economic, political, and cultural ties between the two economies, as well as the growing number of mutually-beneficial collaborations between U.S. and Korean businesses. With global growth remaining slow, the Councils reiterated the importance of continued cooperation across a variety of sectors to advance our bilateral economic and commercial relations.

ReportNov 09, 2016 - 8:00am

U.S.-Korea Business Council Releases Blueprint for U.S. and Korean Leadership on IoT Innovation and Deployment

The Internet of Things (IoT) is transforming the way we live, work, do business, and meet the needs of the public. This emerging technology will impact virtually all industries and all walks of life. There is little doubt the scale of IoT will grow exponentially. It is estimated that the number of connected devices will grow from 20 to 50 billion units in 2020 and the market size will grow to several trillion dollars by 2025. This report presents several use cases of IoT that demonstrate the benefits of the emerging technology in various industries and settings, including energy, manufacturing, healthcare, auto, supply chain and logistics, and cities.

Press ReleaseNov 09, 2016 - 5:00am

U.S.-Korea and U.S.-Japan Business Councils Host Trilateral Forum on Digital Economy and Internet of Things

SEOUL— The U.S.-Korea Business Council (USKBC) and U.S.-Japan Business Council (USJBC), affiliates of the U.S. Chamber of Commerce, today concluded a trilateral Internet of Things (IoT) and Digital Economy forum in Seoul, South Korea. The forum highlighted the potential of transformative technologies and the necessary public policies to support them.

Above the FoldOct 13, 2016 - 3:00pm
Ohio Governor John Kasich at a townhall meeting in Maryland in 2016.

John Kasich on Trans-Pacific Partnership: We Cannot 'Abandon this Opportunity'

Congress approving the 12-nation trade agreement will mean continued strong U.S. leadership.