Building on a Strong Foundation of Historic Ties With the Asia-Pacific

About the Author: Kurt Campbell serves as Assistant Secretary of State for East Asian and Pacific Affairs.

Economic issues were also at the forefront of our engagement with the Asia-Pacific region in 2012, particularly fostering economic integration and open markets. On March 15, the U.S.-Korea Free Trade Agreement – the largest U.S. FTA in nearly two decades – entered into force. This historic agreement is expected to increase goods exports by billions of dollars annually for both sides, supporting tens of thousands of new jobs in both countries. At the Asia-Pacific Economic Cooperation (APEC) annual meetings,…more »

(Source: blogs.state.gov)