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Korea's Trade Policy toward the United States and related Tasks after the KORUS FTA free trade

Author Wook Chae et al. Series 07-06 Language Korean Date 2007.12.30

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Korea-US trade relations have experienced substantial changes due to Korea's economic development
phases and international trade environments. However, it cannot be denied that the United States has
been the most important trading partner for Korea since the inauguration of its government in 1948.
Over the years, Korea's dependency on the US economy continued to increase, hence forcing Korea to
sensitively but passively respond to the US trade policy toward Korea. In fact, the most important
issue in the trade relations between Korea and the United States might have been to what extent Korea
would accept the united States' requests on bilateral trade issues. (The rest is omitted.)

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