6661. KORUS FTA 2.0: Assessing the Changes
- Author:
- Jeffrey J. Schott
- Publication Date:
- 12-2010
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- On December 3, 2010, the United States and South Korea agreed to incremental changes to the Korea-US Free Trade Agreement (KORUS FTA) that was signed in June 2007 but not ratified by the US Congress or the Korean National Assembly. Most of the changes affect bilateral trade in autos and light trucks; other minor changes involve pharmaceutical patents, US pork exports, and US visas.
- Topic:
- International Trade and Finance, Treaties and Agreements, and Bilateral Relations
- Political Geography:
- United States and South Korea