Butzel Long attorney Daniel P. Malone and Amy Jackson, President of the American Chamber of Commerce in Korea, recently wrote an article in which they discuss the Korea-U.S. Free Trade Agreement and its effect on the U.S. auto industry.
Beginning in February 2006 and following eight formal roundups of negotiations and countless other meetings, the U.S. and Korea signed the KORUS FTA June 30, 2007. Difficulties remained, however. The KORUS FTA finally took effect March 15, 2012, after more than six years of sustained commitment by those involved on behalf of both nations.
In this article, Mr. Malone and Ms. Jackson discuss the differing strategies that automotive manufacturers and suppliers may take to benefit from this agreement, and provide tips for best utilizing the KORUS FTA.
To download 5-page article, please click here.
Source: Butzel Long – GAI