United States and the Republic of Korea to Sign Environmental Cooperation Agreement

United States and the Republic of Korea to Sign Environmental Cooperation Agreement

Under Secretary for Economic Growth, Energy and the Environment Robert Hormats and Republic of Korea Ambassador to the United States Han Duk-soo yesterday signed, on behalf of their respective governments, the United States-Korea
Environmental Cooperation Agreement (ECA).

The United States and Korea negotiated the ECA in parallel with the United States-Korea Free Trade Agreement, which was approved by the two countries in 2011. The ECA specifies areas where the United States and the Republic Korea
will cooperate on environmental protection, ensuring that the Free Trade Agreement does not result in environmental degradation, but rather includes protections to improve overall environmental quality and cooperation.

The United States and the Republic of Korea worked together to create an agreement that would reflect the interests of both countries. Now the two countries will work together to create an environmental work plan. This plan will
outline specific objectives and goals for cooperation between the two countries.

The United States has environmental cooperation mechanisms with 17 of our free trade agreement (FTA) partner countries. Under these mechanisms, the United States has worked together with its partners to ensure a level playing field
by strengthening environmental laws and enforcement, promoting green economies, facilitating cleaner production and increasing public participation.

Together with the Environment Chapter of the United States-Korea Free Trade Agreement the ECA will strengthen the ties between the United States and the Republic of Korea by creating new opportunities for environmental cooperation.

The United States and the Republic of Korea look forward to continued cooperation under the ECA.

Short URL: https://www.newspakistan.pk/?p=10316

Posted by Fayyaz Yaseen on Jan 24 2012. Filed under World. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry