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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 | 3 min read | 12.10.24

Fast Lane to the Future: FCC Greenlights Smarter, Safer Cars

The Federal Communications Commission (FCC) has recently issued a second report and order to modernize vehicle communication technology by transitioning to Cellular-Vehicle-to-Everything (C-V2X) systems within the 5.9 GHz spectrum band. This initiative is part of a broader effort to advance Intelligent Transportation Systems (ITS) in the U.S., enhancing road safety and traffic efficiency. While we previously reported on the frustrations with the long time it took to finalize rules concerning C-V2X technology, this almost-final version of the rule has stirred excitement in the industry as companies can start to accelerate development, now that they know the rules they must comply with. ...