Korea and the United States recently celebrated the third anniversary of the implementation of the U.S. Korea Free Trade Agreement (KORUS FTA), which eliminated many trade barriers. Tariffs have been lowered or phased out completely, protections for intellectual properties have been strengthened and U.S. services industries, like the legal field, have gained important access to customers in Asia’s fourth largest economy. Yet one area that remains full of untapped potential in the Korea-U.S. strategic alliance is talent exchange.
Thousands of Korean students come to the United States annually to earn an education at the world’s most advanced learning institutions. The economic value of international students (those who are neither citizens nor permanent residents of the United States) is huge.… Read More