Korean FTAs: U.S. versus the EU
You read it here first. I posted a month ago (Is Congress in Deep Kim Chee?) about the dangers for U.S. exporters of the free trade agreement negotiated between South Korea and the European Union, then followed up a week ago knocking the Obama Administration’s decision to delay U.S. ratification of our own FTA with South Korea (The Kim Chee Gets Deeper?). Now, you get a chance to chime in if you are a U.S. company that fears European competition in the Korean market.
Take the Survey!
The U.S.-Korea Business Council is surveying companies about the impact they foresee if the Europeans get their Korea FTA in place before the U.S.-Korea FTA becomes operative. (For new readers, the hold up in the U.S.-Korea FTA is that the Obama Administration is not pushing it and, without a push from the White House, the Senate is unlikely to ever ratify the agreement.) U.S. companies should complete the very short survey and submit it by November 30.
FYI, Korea ratified a new FTA with India on November 6.
