Issues & Answers
Below is information on Korea, its economy and some trade topics of interest that will help you better understand the free trade agreement and its benefits.
Over the past several decades, Korea has achieved a remarkably high level of economic growth and global integration to become a high-tech industrialized economy. Today, Korea is the 12th-largest economy in the world and the United States' sixth-largest trading partner.
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Doing Business in Korea: World Bank Ranks Korea #8 in Ease of Doing Business
Recently the World Bank gave the Republic of Korea a number 8 ranking in its Ease of Doing Business category for 2012. This highlights Korea as a top trading partner and a world leader in doing business.
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Recent Success Story
CraftCanTravel is a global craft beer exporting company that aims to foster relationships with existing importing countries and develop a trade partnership with emerging craft beer markets.
Learn more about how the FTA benefits your state and others