Washington, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) and Subcommittee on Trade Chairman Dave Reichert (R-WA) released the following statements regarding the agreement reached concerning the U.S.-Korea Free Trade Agreement (KORUS):
“South Korea is one of our most important allies, and KORUS is a key part of that alliance. The improvements to KORUS as well as the agreement on steel will strengthen the economic ties between our two countries and will be beneficial to American consumers, workers, and manufacturers. Today’s announcement demonstrates the Administration’s commitment to strengthening our relationship with Korea and increasing our competitiveness in the Asia-Pacific region,” said Chairman Brady.
“When I led the fight in the House to pass the U.S.-Korea Free Trade Agreement, I did so because I knew it would benefit not only workers and businesses in Washington state, but in communities around the country. With today’s announcement, we see an even stronger partnership with South Korea and a firm commitment from the Administration to the Asia-Pacific region. Thank you to Ambassador Lighthizer and his team for their work on this important agreement,” added Chairman Reichert.