Korea-U.S. FTA ratified
The National Assembly on November 22nd passed the long-pending Korea-U.S. free trade agreement, with the ruling Grand National Party pressing ahead with the ratification process despite vehement objection from opposition parties. The Korean Chamber of Commerce and Industry expect that the FTA will build an economic highway with the U.S. and that Korea will become the center of free trade connecting three continents – Europe, Asia and North America.
