WASHINGTON, DC -- The U.S. Chamber of Commerce and the U.S.-Korea Business Council have called on the administration to take action on the pending U.S.-Korea Free Trade Agreement (KORUS) in order to boost exports and create jobs in America.
"As the economy struggles to rebound, this agreement is an immediate job-creating stimulus,' said Myron Brilliant senior vice president of International Affairs for the U.S. Chamber and the outgoing U.S.-Korea Business Council president.
"Korea is one of the largest global customers of U.S. goods and services, and Korean companies are increasingly investing in the U.S. market,' Brilliant said. "But the European Union recently concluded its own agreement with Korea, potentially putting U.S. exporters at a disadvantage in the Korean market and endangering U.S. jobs. This is why the Council is strongly committed to doing everything it can to gain early Congressional approval of the U.S.-Korea FTA.'
The U.S.-Korea Business Council is the leading business organization promoting the bilateral relationship between the United States and Korea. The Council serves as secretariat of the U.S.-Korea FTA Business Coalition, a group of over 800 U.S. businesses and associations that is working to secure Congressional approval of the U.S.-Korea FTA.
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