Law360, New York ( March 16, 2012, 1:59 PM EDT) -- Effective March 15, 2012, with justifiable fanfare, the United States and South Korea bought into force the U.S.-Korea Free Trade Agreement (KORUS), marking an important and historic milestone in the economic integration of these two major trading partners. With two-way trade already valued at more than $85 billion annually, KORUS is the most commercially significant U.S. free trade agreement since the North American Free Trade Agreement....
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