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Renegotiating the KOREA-US FTA. American Hegemony and the “Dismantling” of the Office of the Minister for Trade

Published online by Cambridge University Press:  07 May 2025

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[The original Korean text is available here]

Lee Hae-young

On December 3, 2010 South Korea and the United States announced that they had reached agreement on a new KOREA-US FTA with comprise agreements on both automobiles and agriculture. The agreement may face difficult hurdles in the legislatures of both countries that must ratify it. This article examines the process and politics that led to the agreement.-U.S. Free Trade

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2009

References

Notes

1A duty drawback provision stipulates that import duties or taxes be repaid by a government, when imported goods are re-exported or used in the manufacture of exported goods. While the EU has forbidden this provision up to now in FTA with other countries, Korea has long maintained it.