FAS Seoul Office Launches Website Showcasing KORUS Export Opportunities
The Foreign Agricultural Service’s Agricultural Trade Office in Seoul, Korea recently launched a website to showcase potential opportunities to be created by the U.S. Korea Trade Agreement, which will take effect on March 15, 2012. The FAS recommends that U.S. agricultural exporters and those interested in expanding sales to international markets visit the page, titled What U.S. Exporters Need to Know about the KORUS Agreement, to learn about the agreement and understand the new tariff schedules. Information available on the website includes effects of KORUS on key products, monthly Korean trade statistics, and instructions on how to determine tariffs under KORUS.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
FAS website “What U.S. Exporters Need to Know about the KORUS Agreement" available here.
USDA press release announcing website (dated 02/24/12) available here.
(See ITT's Online Archives 12022219 for summary of USTR announcement of KORUS' March 15, 2012 effective date. See ITT's Online Archives 12011010 for information on obtaining product duty rates and text of KORUS.)