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San Antonio municipal utility CPS Energy has partnered with two South Korean firms to build a series of solar photovoltaic power plants in what will be the largest municipal solar power field in the US. The plants will provide a total capacity of 400 MW of power when completed, enough to...
On July 13, more than 200 business leaders and top government officials, including Secretary of State Hillary Clinton, gathered in Siem Reap, Cambodia, for a conference to expand American business access and interest in Southeast Asia. Hosted by the US-ASEAN Business Council and the US...
On May 16th, Ron Kirk, the US Trade Representative, and Bark Tae-ho, the Korean Minister for Trade, led the first KORUS FTA Joint Committee meeting, which oversees the ongoing implementation of the FTA.
Not only is Thailand the oldest treaty ally of the United States in Asia, Bangkok is the first city that Washington, D.C. established a sister city relationship with back in February, 1962. D.C. Mayor Vincent Gray and Governor of Bangkok Sukhumbhand Paribatra commemorated the 50th...

Little States Expect Big Gains from KORUS

by Alex Forster
The US-Korea Free Trade Agreement, set to take effect on March 15, nearly five years after it was first drafted, has major implications for many of America’s industries, both large and small.

Korea, US to Implement FTA in March

by Alex Forster
South Korean trade officials have announced that the long-awaited free trade agreement between the US and Korea will take effect on March 15th of this year.

For first time, Asia matches US high-tech investment expenditure

by Aaron Siirila
For the first time in history, the Asian region in 2009 spent as much on research and development in science and technology (S&T) fields as the United States, the traditional leader in high technology investment.
On January 23rd in Washington, representatives of the US and Korean governments signed an agreement on environmental cooperation that is intended to be a partner agreement to the Korea-US Free Trade Agreement ratified last year.
Over 1.1 million South Korean tourists and travelers—a record number—came to the United States in 2010, injecting more than $3.4 billion into the US economy, an increase in revenue of 30 per cent over the previous year.
The past ten years have seen ever increasing bilateral goods trade between the United States and South Korea. Both developed economies have successfully increased their bilateral merchandise exports while simultaneously decreasing their balance of trade.

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