Trade Fact of the Day
Korea is a $1 trillion economy and the 7th largest U.S. trading partner.
About Trade
"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
News Highlights
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Schwab Presses for Colombia Agreement
New York City (March 26)—U.S. Trade Representative Susan C. Schwab is pictured at the NASDAQ during a visit to New York City to promote free trade agreements, particularly the pending agreement with Colombia. Recently, Ambassador Schwab sat down with U.S. News and World Report to discuss the merits of the Colombia FTA. (Article)
Secretary Rice and Korean Minister of Foreign Affairs and Trade Yu Myung-hwan Discuss Bilateral Trade and Commerce
Washington (March 26)—Secretary of State Condoleezza Rice met with Korean Minister Yu Myung-hwan Wednesday to discuss the pending Free Trade Agreement with Korea and other important trade issues. “We agreed that Korea-U.S. FTA will provide an important institutional framework to expand national interest of both countries,” said Minister Yu. (More)
Secretary Gutierrez Visits Memphis to Highlight U.S. Exports and Need for Colombia Trade Agreement
Memphis, Tenn. (March 14)—Commerce Secretary Carlos M. Gutierrez met with business leaders in Memphis to discuss the “bright spot” that U.S. exports are providing to the U.S. economy. He emphasized the importance of opening markets, particularly by passing the pending Colombia free trade agreement with Colombia. Joining Gutierrez on a tour of the FedEx Memphis hub facility are Amy Langston, Vice-President Memphis World Hub, and Bill Logue, Executive VP and COO for FedEx Express-United States. (Opinion Editorial) (Fact Sheet) (Photo: Gutierrez Meets with Commercial Appeal Editorial Board)
Gutierrez Discusses Economy, Immigration and Trade in Remarks to Hispanic Business Leaders
Washington (March 13)—At the legislative conference of the U.S. Hispanic Chamber of Commerce, Secretary Carlos M. Gutierrez spoke on key issues of importance to the Latino community, including immigration and free trade. Gutierrez highlighted the importance of engaging with our neighbors in Latin America. He said, “One of the best ways to enhance prosperity and security is to extend free markets, free speech and free trade wherever we can in our neighborhood.” (Transcript)
Secretary Gutierrez Discusses Free Trade Agreement, Cuba, in Interactive Online Forum
Washington (March 13)—In an interactive “Ask the White House” forum, Secretary of Commerce Carlos M. Gutierrez discussed the pending U.S.-Columbia Trade Promotion Agreement and America’s support for the Cuban people. “The world is not standing still…this agreement with Colombia is a bellwether for the direction our country will be going in,” he said. Gutierrez is co-chair of the Commission for Assistance to a Free Cuba along with Secretary of State Condoleezza Rice. (More)
