Korea-U.S. FTA in Its Second Year: Current Status of Implementation

10 Pages Posted: 28 Aug 2014

See all articles by Young Gui Kim

Young Gui Kim

Korea Institute for International Economic Policy

Hyo-young Lee

Korea National Diplomatic Academy

Jungu Kang

Korea Institute for International Economic Policy

Hyuk-Hwang Kim

Korea Institute for International Economic Policy

Date Written: June 13, 2014

Abstract

Since the Korea-U.S. (KORUS) FTA entered into force on March 15, 2012, both sides have reviewed its status of implementation through various joint committee and working group meetings, and discussed ways to further advance their cooperation on bilateral trade issues for successful implementation. This article provides an overview of the status of implementation of the liberalization commitments made in the KORUS FTA, focusing on the trade in goods, services, investment, and other regulatory areas.

Keywords: Trade in Services, Free Trade Agreements, KORUS, Trade in Goods, Investment, United States, Korea -- FTA -- US

Suggested Citation

Kim, Young Gui and Lee, Hyo-young and Kang, Jungu and Kim, Hyuk-Hwang, Korea-U.S. FTA in Its Second Year: Current Status of Implementation (June 13, 2014). KIEP Research Paper No. World Economic Update-14-23, Available at SSRN: https://ssrn.com/abstract=2488373 or http://dx.doi.org/10.2139/ssrn.2488373

Young Gui Kim (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Hyo-young Lee

Korea National Diplomatic Academy

Korea, Republic of (South Korea)

Jungu Kang

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Hyuk-Hwang Kim

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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