US-Korea Free Trade agreement comes into effect from today
Thursday, March 15th, 2012 11:48:19 by Fayyaz Yaseen
US-Korea Free Trade agreement comes into effect from today
Washington: (Thursday, March 15, 2012) Today, as per the press brief issued by the US State Department, the U.S.-Korea Free Trade Agreement (KORUS) entered into force, marking an historic milestone that will lead to even more trade
and investment between the two countries.
KORUS will provide new market access opportunities in Korea’s dynamic trillion dollar economy for U.S. exporters, creating jobs in the US, while increasing opportunities for Korean companies in the United States.
This recent development was declared as “another example of this Administration’s commitment to deepening our economic engagement throughout the world” by the US state department.
Not only will the agreement provide a significant economic boost to both of signatory economies, it will strengthen the U.S. partnership with a key ally in a strategically important region.
The press brief further stated, “This is a powerful signal of America’s commitment to the Asia Pacific and to securing and sustaining our role as a regional leader and Pacific power. I want to thank President Lee for his leadership
on this issue and look forward to both countries fully realizing the promise of this landmark agreement.”
Short URL: https://www.newspakistan.pk/?p=15978
Posted by Fayyaz Yaseen
on Mar 15 2012. Filed under USA, World.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
