Welcome to Business Connect. Here we can connect you with information, resources and partners that will help you understand opportunities resulting from the U.S.-Korea Free Trade Agreement and how to take advantage of them. We will also provide a forum for you to interact with the Embassy of the Republic of Korea and businesses in both the United States and Korea.
By joining Business Connect, we will provide you with exclusive access to trade information and data, simple and easy how-to resources, partnering and visibility opportunities, and chances to interact with the full Business Connect network.
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Industries from agriculture to technology to manufacturing can capitalize on the elimination of tariffs under the U.S.-Korea Free Trade Agreement. Click to see benefits that specific industries will receive from implementation of the agreement.
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Seaboard Foods, a division of Seaboard Corporation, was founded as a startup operation in the early 1990s.
Founded in 1891, Hormel Foods is a multinational manufacturer and marketer of a broad range of food and meat products
Seaview Lobster was founded in 1994 in Kittery, Maine, and exports fresh live lobster.
SKIPPY® peanut butter was founded in 1933 and purchased by Hormel Foods from Unilever in 2013. SKIPPY has one factory in Little Rock, Arkansas, with 150 employees and another in China and is the second most popular peanut butter brand in the world.
As our customers have increasingly gone global, we have done the same and strengthened our focus on international trade, especially in the Asian markets. The U.S. Korea Free Trade Agreement not only provides immediate benefits to our customers in Korea, but also makes us more competitive when pursuing potential customers.
Senior Vice President, Business Development, Hope Global
At Pelican Products, we have always considered Korea a growth market and have increased our business there consistently for several years. Now, with the implementation of the FTA, we can be more competitive and grow even more quickly. I am truly excited for the possibilities for us in Korea.
Vice President of International Business, Pelican Products, Inc.
Select your state below for information on local resources that can help you take advantage of opportunities from the U.S.-Korea Free Trade Agreement. These resources include groups in both the public and private sector.
Semiconductors and components, Aerospace products, Chemicals
Communications equipment, Motor vehicles, Motor vehicle parts
In 2013, Korea was the United States’ 6th largest trading partner, while the United States was Korea’s 3rd largest.