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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Milliken & Company is a global innovation company headquartered in South Carolina that manufactures specialty chemicals, commercial floor covering and performance materials. Since its founding in 1865, Milliken has developed one of the largest collections of patents held by a private company. Milliken operates around the world, employing approximately 7,000 people who support its portfolio of more than 30,000 products.
Grip Rite Sports Supplies produces hand accessories for bowling, tennis and billiards, including rosin bags and moisture-absorbing desiccants. The company, which was founded in Brooklyn, New York in the mid-1960s relocated to Florida in 1972 before moving to Lexington, South Carolina in 2005. Grip Rite currently has four employees at its office in South Carolina.
Over the past 50 years, Ludlum has grown from a single office in Sweetwater, Texas, to a multinational company with seven divisions and more than 500 employees. Trading under the KORUS FTA has helped the company reach Asia's fourth largest economy and beyond..
Organic Valley is a farmer-owned cooperative with a large portfolio of organic dairy products including milk, cheese and butter as well as eggs and meat products.
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.