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Tuesday, May 17, 2011

postheadericon KORUS won't help North Korea

After years of delay, the South Korea-U.S. free trade agreement (KORUS) is rushing toward bipartisan Congressional approval. The Obama administration will formally submit it to Congress this month, and many previously fierce opponents have now jumped onboard as advocates.

But die-hard trade protectionists are still using red herrings and scare tactics to stoke opposition. The latest salvo includes allegations that North Korean goods would freely enter the U.S. market via the Kaesong industrial zone, a business venture 10 miles north of the demilitarized zone. 

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