New York District Export Council
| Our Mission: The New York District Export Council contributes leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts through counseling businesses on the exporting process and conducting trade education and community outreach. |
News/Export Successes
Article Archive Understanding the U.S.- Korea Free Trade Agreement
| Understanding the U.S.- Korea Free Trade Agreement |
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| Saturday, June 04 2011 22:22 |
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Implementing KORUS will make U.S. products more competitive in the Korean market. For example, tariffs for over 95 percent of U.S. exports of consumer & industrial products would be eliminated within 5 years. Tariffs would be eliminated for nearly two-thirds of U.S. agricultural exports immediately. Click here to view President Obama's announcement: http://trade.gov/fta/korea/ Implementing KORUS will make U.S. products more competitive in the Korean market. For example, tariffs for over 95 percent of U.S. exports of consumer & industrial products would be eliminated within 5 years. Tariffs would be eliminated for nearly two-thirds of U.S. agricultural exports immediately. Click here to view President Obama's announcement: http://trade.gov/fta/korea/ Analysts forecast opportunities for chemicals, processed foods, and paper products as well as significant new market access for services. Agricultural producers will learn that KORUS eliminates tariffs and other barriers on most agricultural products, increasing opportunities for producers of poultry, soybean products, and cotton, among many others. Click here to review specific sector opportunities: http://www.trade.gov/mas/ian/tradeagreements/fta/tg_ian_002423.asp Click here to connect to U.S. Commercial Service in Seoul, Korea: http://www.buyusa.gov/korea/en/ |