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The 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 the Republic of 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 passed by the United States on October 12, 2011, with the Senate passing it 83-15〔http://www.c-span.org/Events/Congress-Passes-Free-Trade-Agreements/10737424723/〕 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.〔https://fas.org/sgp/crs/row/R41481.pdf〕 The agreement entered into effect in March 2012.〔 The trade agreement involves an estimated 362 million consumers in the United States and the Republic of Korea. The treaty's provisions eliminate 95% of each nation's tariffs on goods within five years, and also create new protections for multinational financial services and other firms.〔 The treaty would be the United States' first free trade agreement (FTA) with a major Asian economy and its largest trade deal since the controversial North American Free Trade Agreement (NAFTA) in 1993. For South Korea, this will be the second largest FTA following the one signed with the European Union, dwarfing those signed in recent years with Chile, Singapore, the European Free Trade Area and the Association of Southeast Asian Nations (ASEAN). ==History== Although the treaty was signed on June 30, 2007, ratification of the agreement stalled when President George W. Bush's fast-track trade authority expired and a Democratic U.S. Congress expressed objections to the treaty related to concerns over bilateral trade in automobiles and U.S. beef exports. Nearly three years later, on June 26, 2010, President Barack Obama and President Lee Myung-bak expressed renewed commitment to the treaty, stating that they would direct their governments to resolve remaining obstacles to the agreement by November 2010.〔(Remarks by President Obama and President Lee Myung-Bak of the Republic of Korea After Bilateral Meeting ) The White House Office of the Press Secretary June 26, 2010〕 After discussions at the November 2010 G-20 Seoul summit and further intensive negotiations in early December 2010 in Maryland, Presidents Obama and Lee announced on December 4, 2010, that a deal had been reached; they subsequently signed an updated version of the agreement.〔〔President Barack Obama, "Remarks by the President at the Announcement of a U.S.-Korea Free Trade Agreement," The White House Office of the Press Secretary, December 04, 2010 ()〕 On March 15, 2012, the agreement entered into effect. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Free trade agreement between the United States of America and the Republic of Korea」の詳細全文を読む スポンサード リンク
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