90% of the respondents expected their company’s business in the region to grow over the next five years.
During a trip to Korea, U.S. Chamber President and CEO Tom Donohue announced a new effort to leverage the U.S.-Korea Free Trade Agreement for more growth and jobs in both countries.
Leaders there emphasized repeatedly their desire for American investment.
Today is the day the entire business community has been waiting for: the implementation of the U.S.-Korea Free Trade Agreement (KORUS FTA).
The news of Kim Jong-il’s death came as a shock to us all, although many of us Korea watchers have been preparing for it since 2008, when Kim Jong-il suffered a massive stroke that took him out of the public eye for months.
Though there are many uncertainties surrounding the death
Last Friday, the Brookings Institute hosted a discussion on Japan’s desire to join the Trans-Pacific Partnership (TPP) agreement and I was pleased to join a panel with New Zealand Ambassador Mike Moore and former U.S. Trade Representative Clayton Yeutter.
It was a very timely discussion. Last m
Today, the Korean National Assembly cleared the last major hurdle in opening up a new era of expanded economic cooperation and partnership between the United States and Korea by passing the U.S.-Korea Free Trade Agreement (KORUS). Though it was not an easy journey, the constant and tireless suppor
With Congress passing the trade agreements with South Korea, Colombia, and Panama, world leaders should "go deep" with an aggressive trade agenda starting with next month's APEC 2011 Summit.
At a forum, today at the Chamber with U.S. Trade Representative Ron Kirk, FedEx Express Chief Operating
Even though the news cycle slows down in August, the mis-interpretation of the facts within the news never does. Case in point, the recent op-ed on the U.S.-Korea free trade agreement (KORUS) by Korean National Assembly Member Chun Jung-bae includes many misperceptions and distortions about what
As Congress prepares to consider the pending trade agreements when it returns this September, it’s desperation time for the protectionists who oppose these job-creating deals. In a last-ditch effort to undermine support for the Korea-U.S. Free Trade Agreement (KORUS), opponents are circulating th
While the debt debate continues to (justifiably) steal the headlines in Washington, another debate continues under the surface: the pending trade agreements with Panama, Colombia and South Korea.
The Chamber is intensifying the push around these deals both inside and outside the Beltway this week
Just three weeks have passed since Korea’s free trade agreement with the European Union entered into force, and the numbers are staggering. Between July 1 and July 13, exports from the European Union to Korea increased by 16%, while Korean exports to the European Union have increased by more than
by Tami Overby
To ease the burden of frequent business travelers in Asia, the 21 economies of the Asia Pacific Economic Cooperation (APEC) developed a Business Travel Card (ABTC), which gives pre-cleared APEC citizens shorter immigration lines at airports and visa-free access to some countries.
Earlier this week, the U.S. International Trade Commission (USITC) issued its report titled, “China: Effects of Intellectual Property Infringement and Indigenous Innovation Policies on the U.S. Economy.” It is no secret that for years China has been the source of a tremendous amount of counterfeit
Bill Rhodes, Chair of the Chamber’s U.S. Korea Business Council penned an op-ed in The Hill today explaining the urgency of swift approval for the Korea-U.S. Free Trade agreement (KORUS).
With 345,000 U.S. jobs and $35 billion in U.S. exports on the line, you may understand the importance of thi
Today, the U.S. Chamber launched the inaugural meeting of the U.S.-China CEO and Former Senior Officials' Dialogue in China.
U.S. CEOs have long-established partnerships and dialogues with executives in Europe, India, Latin America and other countries. These dialogues have proven to be an effect
by Tami Overby
In a week where she graces the cover of Newsweek, Secretary Clinton will be doing more than “shattering the glass ceiling” tomorrow as she begins opening a doorway through which American exporters can better access the booming markets of Asia.
In a 10 a.m. speech during the APEC F
Just two years after the Dow bottomed out and the worldwide economy seemed to be in free fall, the Chamber today hosted a world leader whose country remained stable through the crisis, keeping its unemployment rate below 6%, and is now leading theway in the global recovery.
To continue driving
Yesterday the EU Parliament approved its FTA with Korea, shining a big bright light on the urgent need for Washington to act on the Korea-U.S. free trade agreement (KORUS FTA) before we fall further behind in accessing one of the largest economies in the world. The Chamber continues taking this m
by Tami OverbyWe figured we had a good week by pulling in over 135 reporters for Tuesday's State of American Business event - and all the coverage that ensued - but as it turns out, an op-ed by Tom Donohue on the Korea-US Free Trade Agreement (KORUS) has been quietly garnering readers of McClatchy n
by Tami OverbyThe news that an agreement was reached on the Korea-U.S. (KORUS) free trade agreement was welcomed by the business community, as well as lawmakers on both sides of the aisle. And for good reason. According to the U.S. government, implementing KORUS would boost U.S. GDP by nearly $12
Today, President Obama and his economic team took a major step towards turning our economy around by reaching an agreement on the the Korea-U.S. free trade agreement (KORUS). KORUS will create thousands of new jobs, advance our national goal of doubling exports in five years, and demonstrate that A
by Tami Overby Another day, another summit, as we moved from the Korea-US FTA negotiations and G-20 summit in Seoul and now are wheels down in Tokyo for the APEC negotiations. The buzz remains about the future of the KORUS agreement and the question of "why can’t the U.S. ink an FTA deal with S
by Tami Overby"The darkest hour is right before the dawn" are the words of one great American, and this was my belief heading into a marathon week supporting the negotiators of the Korea-US Free Trade Agreement in Seoul. After multiple sleepless nights and endless cups of Starbucks coffee, I haven't
With the signing Wednesday of a free trade agreement between Korea and the European Union, U.S.-Korea Business Council Chairman William Rhodes called on the White House to place new urgency in its discussions with the Korean government to address outstanding issues on the U.S.-Korea Free Trade Agre
In his videotaped remarks at the Korea Society’s Annual Dinner on June 2, President Obama called for strengthening the 60-year bilateral alliance between the United States and South Korea, particularly in light of the sinking of Cheonan, a South Korean naval vessel that was allegedly attacked by a
At this week’s G-20 summit, world leaders have gathered to discuss how to restore economic growth around the world. Among this group is South Korean President Lee Myung-bak, whose country will chair the G-20 in 2010. Throughout the global economic crisis President Lee has been strong and steadfast
