A look at KORUS FTA one year in

05/8/2013

Fred Stocker, vice president, general counsel and secretary
March 15, 2013 was the first anniversary of the entry into force of the U.S.-Korea Free Trade Agreement, and the debate as to its potential impact that raged during its protracted negotiation, renegotiation and ratification process endures. The U.S. and South Korean governments and free trade proponents say that the agreement, at this early date, is living up to its promise, with greater benefits likely upon further implementation. Critics continue their mantra that free trade agreements expand the U.S. trade deficit and thus cost the country jobs. Issues in Brief

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