Vol 6 · Issue 3 · Third Quarter 2017     
Fair and Balanced Trade for Long Time Friends

For more than 60 years, Korea and the United States have been allies and friends. A cornerstone of this relationship is the close trade ties between the two nations. Over the past five years these ties have grown ever stronger through the Korea-U.S. Free Trade Agreement (KORUS FTA). However, in recent months, there has been pointed criticism of the trade agreement and short-sighted claims that an imbalance in the trade of goods, only benefits Korea. In this Seoul Source blog post we examine U.S.-Korea trade data and showcase how the KORUS FTA delivers significant benefits to U.S. businesses and workers.

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The U.S.-Korea Free Trade Agreement (KORUS FTA) is an international partnership designed to promote the free flow of products and services between the United States and Korea. This economic relationship spurs business growth, creates jobs, generates new markets for U.S. goods and services, and strengthens an important strategic alliance. 
The Embassy of the Republic of Korea, 2450 Massachusetts Avenue, NW, Washington, DC 20008
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