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U.S.-Korea Free Trade Agreement Text Made Public Providing Important Details on How Companies Can Capitalize on New Korean Market Access Opportunities

Client Alert | 1 min read | 06.04.07

The U.S. and Korean Governments have publicly released the text of the recently concluded U.S.-Korea Free Trade Agreement ("FTA"). The comprehensive 24 chapter agreement (over 1,000 pages) provides details on the schedule for the elimination of Korean tariffs on U.S. manufactured goods and agricultural products, new market access opportunities for U.S. financial and other service sectors, investment protection and Korean obligations to benefit U.S. companies in key sectors such as pharmaceuticals, autos, and intellectual property-related industries. The final legal text is scheduled to be signed on June 30 and then will be submitted to Congress for ratification. Our FTA team has been deeply involved throughout the entire negotiation process and is prepared to provide an in-depth analysis of the FTA and/or specific provisions which have an impact on your company's product or sector.

Insights

Client Alert | 14 min read | 03.13.26

AI for Government: 7 Days for Contractor Comments on GSA Proposed Contract Clause for AI Systems

On March 6, 2026, the General Services Administration (GSA) issued a significant proposed contract clause, GSAR 552.239-7001, Basic Safeguarding of Artificial Intelligence Systems (“Clause”), for inclusion in GSA Schedule solicitations and contracts for AI capabilities.  The proposed clause would impose substantial new requirements related to AI sources, intellectual property rights, data use, change management, and performance standards.  The Clause would also take precedence over any other contract terms (including commercial licensing terms) related to AI, including a Seller’s terms of sale and service to which the Government had previously agreed.  GSA requests comments by March 20, 2026....