Washington DC – The National Foreign Trade Council (NFTC) today applauded the Korean National Assembly for approving the U.S.-Korea Free Trade Agreement (KORUS FTA), and urged the U.S. and Korean governments to work together to implement the agreement as soon as possible. The NFTC released the following statement:
“The NFTC and our member companies welcome news that the Korean National Assembly has approved the KORUS FTA. This is a critical and important milestone toward implementing the agreement, which will benefit companies, farmers and ranchers and workers in both countries.
“Realizing the benefits of the KORUS FTA to the U.S. economy is dependent on its entry into force, and we urge the two governments to work together to implement the agreement as soon as possible.”
About the NFTC
Advancing Global Commerce for Nearly A Century- The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.
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