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The pending free trade agreement between the United States and South Korea, KORUS FTA, is heading into a defining period. After more than three years of delay, Presidents Barack Obama and Lee Myung-bak have committed to resolving each side's differences by the upcoming G-20 summit in Seoul on November 11-12, paving the way for passage in 2011. However, for political reasons in both countries, 2011 may be the last opportunity to move forward for a period of years and falling short of that could have reverberations for the alliance. Troy Stangarone explores future scenarios for the KORUS FTA at this important juncture. The views expressed in this publication are those of the author and do not necessarily reflect the policy or position of the East-West Center or any organization with which the author is affiliated. |
The pending free trade agreement between the United States and South Korea, KORUS FTA, is heading into a defining period. After more than three years of delay, Presidents Barack Obama and Lee Myung-bak have committed to resolving each side's differences by the upcoming G-20 summit in Seoul on November 11-12, paving the way for passage in 2011. However, for political reasons in both countries, 2011 may be the last opportunity to move forward for a period of years and falling short of that could have reverberations for the alliance. Troy Stangarone explores future scenarios for the KORUS FTA at this important juncture. The views expressed in this publication are those of the author and do not necessarily reflect the policy or position of the East-West Center or any organization with which the author is affiliated. |
