Article
22.1 of
the United States-Korea Free Trade Agreement establishes a Joint Committee to supervise the
implementation of the Agreement and to review the trade relationship between the Parties.
The Committee is made up of governmental representatives, Co-Chaired by the United States
Trade Representative and the Minister of Trade of Korea or their designees. The Joint
Committee is to meet regularly on a yearly basis to review the general functioning of
the Agreement, review and consider specific matters related to its operation, consider
and adopt amendments, facilitate avoidance and settlements of disputes arising under
the Agreement, issue interpretations of the Agreement; consider ways to enhance trade
relations among the Parties; and take any other actions agreed by the Parties.
On July 12, 2017 USTR notified the Republic of Korea that it is calling a special
Joint Committee meeting under the U.S.-Korea Free Trade Agreement to renegotiate parts
of the agreement. The Special Session of the US-Korea FTA Joint Committee took place on
August 22, 2017. The second Special Session of the of the U.S.-Korea FTA Joint Committee
took place on October 4, 2017 in Washington, DC.
The U.S. and Korea continued their negotiations on amendments and modifications of the
US-Korea (KORUS FTA) on January 5, 2018. The United States and Korea met from
January 31-February 1 in Seoul, Korea, to advance the negotiation of amendments and
negotiations to their FTA. The U.S. and Korea reached agreement in principle on the general
terms of amendments and modifications to the United States-Republic of Korea Free Trade
Agreement (KORUS FTA) on March 28, 2018.
The United States and the Republic of Korea signed the new modified agreement on September 24, 2018.
Documents relating the Joint Committee
|
24 September 2018 |
New York, USA.
U.S. and Korea
sign new modified agreement
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03 September 2018 |
Agreed Outcomes from US-Korea FTA Amendment and Modification Negotiations:
Protocol Amending the US-Korea FTA
|
28 March 2018 |
U.S. and Korea reach agreement in principle on the general terms of amendments and
modifications to the United States-Republic of Korea Free Trade Agreement (KORUS FTA)
|
01 February 2018 |
Seoul, Korea.
Round of negotiations on amendments and modifications of the KORUS FTA
|
05 January 2018 |
Washington, DC., United States.
Statement on the Conclusion of Meeting of the U.S.-Korea (KORUS) FTA
|
28 December 2017 |
Washington, DC., United States.
Negotiations on amendments and modifications of the US-Korea (KORUS FTA) to be held on January 5, 2018
|
04 October 2017 |
Washington, DC., United States.
USTR Statement on the Conclusion of the Second Special Session of the U.S.-Korea FTA
Joint Committee
|
September 2017 |
Washington, D.C., United States.
USTR Announces Second Special session of the US-Korea Joint Committee
|
22 August 2017 |
Washington, D.C., United States.
Special Session of the US-Korea FTA Joint Committee concludes
|
12 July 2017 |
Washington, D.C., United States.
USTR Calls a Special Joint Committee Meeting
|
15 December 2014 |
Washington, DC., United States.
Third meeting of the
Joint Committee |
05 October 2013 |
Bali, Indonesia.
Second meeting of the Joint
Committee |
May 2012 |
Washington, D.C., United States.
First meeting of the Joint Committee
|
Source:
Office of the United States Trade Representative (USTR) |
Article 20.6
of the United
States-Korea FTA establishes the Environmental Affairs Council. The Council shall comprise
appropriate senior officials from each Party, including officials with environmental
responsibilities.
Article 19.5
of the United States-Korea
FTA establishes the Labor Affairs Council to monitor the implementation of Chapter 19, as well
as the activities of the Labor Cooperation Mechanism established under Article 19.6. The Council
is comprised of senior officials from the labor ministries of both countries and other relevant
agencies or ministries.
The first meeting of the Council was held in Washington D.C., from 18 to 19 March 2013.
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