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United States–Korea Free Trade Agreement
The United States–Korea Free Trade Agreement (officially: Free Trade Agreement Between the United States of America and the Republic of Korea), also known as KORUS FTA, is a trade agreement between the United States and South Korea. Negotiations were announced on February 2, 2006, and concluded on April 1, 2007. The treaty was first signed on June 30, 2007, with a renegotiated version signed in early December 2010. The agreement was ratified by the United States on October 12, 2011, with the Senate passing it 83–15 and the House 278–151. It was ratified by the National Assembly of South Korea on November 22, 2011, with a vote of 151–7, with 12 abstentions. The agreement entered into effect in March 2012. Another renegotiation took place from late 2017 to late March 2018, when an agreement was reached between both governments. The treaty's provisions eliminate 95% of each nation's tariffs on goods within five years, and create new protections for multinational financial s ...
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Trade Agreement
A trade agreement (also known as trade pact) is a wide-ranging taxes, tariff and trade treaty that often includes investment guarantees. It exists when two or more countries agree on terms that help them trade with each other. The most common trade agreements are of the preferential and free trade types, which are concluded in order to reduce (or eliminate) tariffs, quotas and other trade restrictions on items traded between the signatories. The logic of formal trade agreements is that they outline what is agreed upon and specify the punishments for deviation from the rules set in the agreement. Trade agreements therefore make misunderstandings less likely, and create confidence on both sides that cheating will be punished; this increases the likelihood of long-term cooperation. An international organization, such as the IMF, can further incentivize cooperation by monitoring compliance with agreements and reporting third countries of the violations. Monitoring by international ...
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McDermott Will & Emery
McDermott Will & Emery is an international law firm with a diversified business practice. The firm is one of the largest-grossing law firms in the United States and globally, and its lawyers represent a wide range of commercial, industrial, and financial enterprises. History Chicago lawyers Edward H. McDermott and William M. Emery founded the firm in 1934. They were initially focused as a tax law firm, and a corporate department was established in 1941 when Howard A. Will joined the firm. As the century progressed, the firm added capabilities across the legal spectrum, eventually opening eight more offices. By 1984, the firm had amassed one hundred fifty lawyers. Over the ensuing twenty years, the firm grew; in 2004, McDermott numbered over one thousand lawyers. In November 2023, amid a wave of antisemitic incidents at elite U.S. law schools, McDermott Will & Emery was among a group of major law firms that sent a letter to top law school deans warning them that an escalation in ...
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Economy Of Colombia
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product and the third-largest economy in South America. Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs. Between 2012 and 2014, it became the third largest in Latin America by nominal GDP. As of 2024, the GDP (PPP) per capita has increased to over US$19,000, and real gross domestic product at chained PPPs increased from US$250 billion in 1990 to over US$1 trillion in 2024. Poverty levels were as high as 65% in 1990, but decreased to under 30% by 2014, and 27% by 2018. They decreased by an average of 1.35% per year since 1990. Petroleum is Colombia's main export, representing over 45% of Colombia's exports. Manufacturing represents nearly 12% of Colombia's exports and grows at a rate of over 10% a year. Colombia has the fastest growing information technology indu ...
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US Congress
The United States Congress is the legislature, legislative branch of the federal government of the United States. It is a Bicameralism, bicameral legislature, including a Lower house, lower body, the United States House of Representatives, U.S. House of Representatives, and an Upper house, upper body, the United States Senate, U.S. Senate. They both meet in the United States Capitol in Washington, D.C. Members of Congress are chosen through direct election, though vacancies in the Senate may be filled by a Governor (United States), governor's appointment. Congress has a total of 535 voting members, a figure which includes 100 United States senators, senators and 435 List of current members of the United States House of Representatives, representatives; the House of Representatives has 6 additional Non-voting members of the United States House of Representatives, non-voting members. The vice president of the United States, as President of the Senate, has a vote in the Senate ...
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Carlos Gutierrez
Carlos Miguel Gutierrez (originally Gutiérrez; born November 4, 1953) is an American former CEO and former United States Secretary of Commerce. He is currently a co-founder and executive chairman of EmPath. Gutierrez is a former chairman of the board and CEO of the Kellogg Company.Strong Praise for Carlos Gutierrez
He served as the 35th U.S. Secretary of Commerce from 2005 to 2009.


Early life and education

Gutierrez is of Spanish descent. He was born in , , the son of a

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APEC
Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economy , economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of Association of Southeast Asian Nations, ASEAN's series of post-ministerial conferences launched in the mid-1980s, APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; it aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific / Americas region, and exerts significant global influence. The heads of government of all APEC members except Taiwan (which is represented by a List of Chinese Taipei Representatives to APEC, ministerial-level official as ''economic leader'') attend an annual APEC Economic Leade ...
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Japan
Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea in the south. The Japanese archipelago consists of four major islands—Hokkaido, Honshu, Shikoku, and Kyushu—and List of islands of Japan, thousands of smaller islands, covering . Japan has a population of over 123 million as of 2025, making it the List of countries and dependencies by population, eleventh-most populous country. The capital of Japan and List of cities in Japan, its largest city is Tokyo; the Greater Tokyo Area is the List of largest cities, largest metropolitan area in the world, with more than 37 million inhabitants as of 2024. Japan is divided into 47 Prefectures of Japan, administrative prefectures and List of regions of Japan, eight traditional regions. About three-quarters of Geography of Japan, the countr ...
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Wendy Cutler
Wendy Cutler is an American diplomat currently serving as Vice President of the Asia Society Policy Institute and managing director of its Washington D.C. office. She also serves on the board of advisors for Georgetown University Walsh School of Foreign Service's Institute for the Study of Diplomacy. Education Cutler holds a BA in international relations from George Washington University's Elliott School of International Affairs in 1979 and a MA in Foreign Service from Georgetown University. Career Cutler joined the Asia Society in November 2015 following a near 30-year career as a diplomat and negotiator in the Office of the U.S. Trade Representative (USTR), where she also served as Acting Deputy U.S. Trade Representative. Cutler worked on a range of negotiations and initiatives related to the Asia-Pacific, including the U.S.-Korea Free Trade Agreement, the Trans-Pacific Partnership, U.S.-China trade relations, the WTO Financial Services negotiations, the Asia Pacific E ...
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Kim Jong-Hoon
Kim Jong-Hoon (born December 17, 1980) is a South Korean football player. He formerly played for Chunnam Dragons, Gyeongnam FC, Busan I'Park in the K-League and South Korea second division side Gimhae City FC. Career * Chunnam Dragons 2003-2005 * Busan Transportation Corporation FC 2006 * Gyeongnam FC 2007–2009 * Busan I'Park 2010 * Gimhae City FC Gimhae FC 2008 () is a South Korean football club based in the city of Gimhae. that competes in the K3 League, the third tier of South Korean football. The club was founded in 25 January 2008, and competed in the National League until 2019, when t ... 2011 External links * 1980 births Living people South Korean men's footballers Jeonnam Dragons players Gyeongnam FC players Busan IPark players Men's association football defenders K League 1 players Korea National League players 21st-century South Korean sportsmen {{SouthKorea-footy-defender-stub ...
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Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ...
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Roh Moo-hyun
Roh Moo-hyun (, ; 1 September 1946 – 23 May 2009) was a South Korean politician and lawyer who served as the ninth president of South Korea from 2003 to 2008. Roh's pre-presidential political career was focused on human rights advocacy for student activists in South Korea. His electoral career later expanded to a focus on overcoming regionalism (politics), regionalism in South Korean politics, culminating in his election to the presidency. He achieved a large following among younger internet users, which aided his success in the presidential election. Roh's election was notable for the arrival in power of a new generation of Korean politicians, the so-called 386 Generation (people in their thirties, when the term was coined, who had attended university in the 1980s and who were born in the 1960s). This generation had been veterans of student protests against authoritarian rule and advocated a conciliatory approach towards North Korea, even at the expense of good relations wit ...
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President Of South Korea
The president of the Republic of Korea (), also known as the president of South Korea (), is the head of state and head of government of South Korea. The president directs the executive branch of the Government of South Korea, government and is the commander-in-chief of the Republic of Korea Armed Forces. The Constitution of South Korea and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the Prime Minister of South Korea, prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal liability (except for insur ...
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