Menu Content
Go Top

Economy

USTR Positively Assesses Korea FTA

Written: 2017-04-01 13:22:30Updated: 2017-04-01 13:29:00

USTR Positively Assesses Korea FTA

The U.S. Trade Representative has positively assessed South Korea's FTA with the United States. 
 
The 2017 National Trade Estimate Report on Foreign Trade Barriers stated the deal has created "substantial" new market opportunities for U.S. exporters since it took effect in 2012.
 
The report said the FTA improved the transparency of Korea's regulations and helped break down non-tariff barriers for cars and other key American exports.  
 
It also praised the FTA for providing “meaningful” market access to virtually all major service sectors.  

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >