ITC Begins Investigation of Korea FTA Effects on Small & Medium Businesses
The International Trade Commission launched its investigation of the effects of the U.S.-Korea Free Trade Agreement on small and medium-sized businesses. The U.S. Trade Representative requested the investigation on the effects of KFTA on the production, distribution, and export strategy of U.S. SMEs, and how U.S. SMEs have benefited from specific provisions of KFTA. The report will also explore challenges that U.S. SMEs may have faced in exporting to Korea, the ITC said. The final report is due May 1.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The ITC will hold a public hearing in connection with the investigation at 9:30 a.m. ET on March 14. Requests to appear are due by Feb. 27. Written comments are due by March 25.
The USTR’s request letter is available here.