Author: Jeffrey J. Schott / Political Geography: Korea

Author:: Jeffrey J. Schott and Cathleen Cimino
Publication Date:: 09-2014
Content Type:: Policy Brief
Institution:: Peterson Institute for International Economics
Abstract:: The negotiation of the Trans-Pacific Partnership (TPP), a megaregional agreement to lower barriers to trade and investment and promote economic integration in the Asia-Pacific region, has been a dynamic process with a number of countries joining the talks in midstream. Since negotiations began in March 2010, participation in the TPP talks has expanded several times to include Malaysia (October 2010), Vietnam (December 2010), Canada and Mexico (October 2012), and Japan (July 2013). In November 2013, Korea announced its interest in participating in the TPP and began consulting with the countries involved. The TPP now has 12 participants. Korea is still considering whether to become lucky 13.
Topic:: Economics, International Trade and Finance, and Bilateral Relations
Political Geography:: Malaysia, Canada, Asia, Vietnam, Korea, and Mexico

Author:: Jeffrey J. Schott
Publication Date:: 10-2010
Content Type:: Policy Brief
Institution:: Peterson Institute for International Economics
Abstract:: The Korea-US Free Trade Agreement (KORUS FTA) was signed on June 30, 2007. Since then, the Korean National Assembly has vetted the agreement and the pact cleared a major legislative hurdle when the Foreign Affairs and Trade Committee approved it in April 2009; the full assembly has deferred final passage pending comparable action by the US Congress. In the United States, the ratification process has not yet begun; neither President George W. Bush nor President Barack Obama has submitted implementing legislation to Congress.
Topic:: Diplomacy, International Trade and Finance, Bilateral Relations, and Law
Political Geography:: United States, Israel, Asia, and Korea

Author:: Jeffrey J. Schott, Scott C. Bradford, and Thomas Moll
Publication Date:: 06-2006
Content Type:: Policy Brief
Institution:: Peterson Institute for International Economics
Abstract:: Five years ago the Institute published Free Trade between Korea and the United States? by Inbom Choi and Jeffrey J. Schott, which analyzed the potential benefits and costs of pursuing a bilateral free trade agreement (FTA). At the time, neither government had vetted the idea in bilateral consultations, though some business groups in each country—and some members of the US Congress—had voiced support for deepening US-Korea economic ties through an FTA.
Topic:: Economics, International Organization, and Political Economy
Political Geography:: United States, Asia, and Korea

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