Some S. Korea Trade Hurdles Remain Despite Pact, ITC Says

Law360, New York (May 24, 2013, 3:12 PM EDT) -- The year-old trade pact between the U.S. and South Korea has benefited American manufacturing and agriculture exporters, but long-term benefits may be limited by nontariff measures and administrative costs, the U.S. International Trade Commission said in a report Friday.

The ITC released a report examining the impact the U.S.-Korea Free Trade Agreement has had on U.S. small and medium-sized businesses, finding overall that domestic industry has benefited from more open trading with Seoul. However, Korea's remaining restrictions on food and animal safety measures still pose a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.