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Korea is a $1 trillion economy and the 7th largest U.S. trading partner.

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"Trade fosters human opportunities that build hope and give people a stake in their society's success."

John D. Negroponte
Deputy Secretary of State
September 18, 2007

Site Updated: May 15, 2008

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President George W. Bush addresses his remarks on the economy Friday, May 2, 2008, during his visit to World Wide Technology, Inc. in Maryland Heights, Mo. White House photo by Chris Greenberg

White House Photo

President Bush Discusses Economy, Trade

Maryland Heights, Missouri (May 2)—President Bush addressed employees at World Wide Systems, Inc. to discuss the economy and pending free trade agreements. He said, “And so I strongly urge the Congress to understand that opening up markets is good for our economy. But I also strongly urge the Congress to understand—whether it would be Colombia or Panama or Korea—that we can't be turning our backs on our allies. This is good economics and it's good national security.” (Transcript)