News & Events

03/18/16 – KORUS Turns Four: U.S.-Korea Trading Relationship Remains Strong

March 18, 2016 This week marks the fourth anniversary since the U.S.-Korea Free Trade Agreement (KORUS) entered into force and our bilateral trade and investment relationship is substantially larger and stronger than before the KORUS agreement.  Since KORUS entered into force in 2012, the United States and South Korea have carried out five rounds of ...
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03/17/16 – Secretary Kerry’s Press Statement On North Korea’s Reported Missile Launch

Press Statement John Kerry Secretary of State Washington, DC March 17, 2016 We have seen reports that North Korea launched a ballistic missile into the Sea of Japan.  We are closely monitoring the situation on the Korean Peninsula. We call again on North Korea to refrain from actions that further raise tensions in the region ...
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Executive Order — Blocking Property of the Government of NK and the Workers’ Party of Korea, and Prohibiting Certain Transactions with Res

EXECUTIVE ORDER March 16, 2106 BLOCKING PROPERTY OF THE GOVERNMENT OF NORTH KOREA AND THE WORKERS’ PARTY OF KOREA, AND PROHIBITING CERTAIN TRANSACTIONS WITH RESPECT TO NORTH KOREA By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act ...
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03/16/16 – Blocking Property of the Government of NK and the Workers’ Party of Korea, and Prohibiting Certain Transactions with Respect to

Message March 16, 2016 TO THE CONGRESS OF THE UNITED STATES: Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), I hereby report that I have issued an Executive Order (the “order”) with respect to North Korea. The order takes additional steps with respect to the national emergency declared in Executive ...
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