On 6th issue, we introduce K+ Certificated Products, which are premium "Korean Made" products recognized and approved by the KITA. KITA grant the use of the K+ seal to small and medium sized companies based in Korea that manufacture or distribute finished consumer goods with unique brands and designs.
If you are interested in contacting a specific exporter, please notify our matching expert, who is in charge of the given product category, via phone or email.
Currency Reform for Fair Trade Act
Bipartisan Group Introduces Legislation to Crack Down on Currency Manipulation
WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) joined Reps. Tim Murphy (R-PA), Tim Ryan (D-OH) and Mo Brooks (R-AL) today in introducing legislation to hold currency manipulators accountable. The Currency Reform for Fair Trade Acttakes aim at currency manipulators by enabling the Department of Commerce to impose countervailing duties to offset the impact of currency manipulation on a U.S. industry. The legislation is identical to the House bill that passed with overwhelming bipartisan support in 2010. Similar legislation is being introduced today by a bipartisan group of Senators.
The Peterson Institute estimates that interventions in currency markets by foreign governments have cost U.S. workers as many as five million jobs over the last decade by making it more difficult for U.S. exporters to compete in other countries and by subsidizing their exports.
The Currency Reform for Fair Trade Act alone is not by itself enough to end the practice of currency manipulation. Over 150 House Members and 60 Senators sent letters to the Obama administration in 2013 urging the inclusion of strong and enforceable currency obligations in the Trans-Pacific Partnership in order to deter our trading partners from manipulating their currency in the first place. A fact sheet on the Currency Reform for Fair Trade Act is here.
“Few actions by foreign governments do more to disrupt free and fair trade and to harm U.S. job growth than currency manipulation,” Rep. Levin said. “Currency manipulation has had a major impact on millions of American middle class jobs. We are sending an unequivocal message today that action is needed to rein in this abuse.”
“When it comes to international trade, America is a welcoming nation but we’re not a welcome mat,” said Rep. Tim Murphy. “There must be consequences when foreign governments seek to illegally control currency markets in order to prop up their exporters while American factories close and American workers lose their jobs.”
“Currency manipulation and other trade subsidies are costing America jobs and it is time to hold countries accountable for their illegal actions,” said Rep. Tim Ryan. “We have the most innovative and productive workers in the world, but we need a level playing field if we want to remain competitive. This legislation is an important step we must take to ensure American manufacturing can thrive. This bill sends a strong message to foreign governments who manipulate their currencies at the expense of the American worker and when passed it will help create jobs here at home.”
“America’s dependence on foreign suppliers is a growing problem that hurts our nation’s defense industrial base and threatens our security independence,” said Rep. Mo Brooks. “In a time of war, the United States cannot rely on foreign suppliers for either the critical raw materials or finished products needed for our national defense. We in Congress need to empower the American worker and the American economy by using the resources we have here at home. That’s why I am helping to lead a bipartisan effort, through the Currency Reform for Fair Trade Act, to protect American manufacturers from damaging and unfair currency manipulation.”
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Immigration and Global Migration are one of the most complex and dynamic areas of law and policy affecting America’s social and economic composition. A well-functioning immigration system is critical to America remaining strong and vibrant. To contribute to this goal and to meet the growing needs for comprehensive and sophisticated legal services in all aspects of business immigration-related matters in Northwest Florida, South Alabama and Mississippi, GCI has been issuing business immigration newsletters/updates and immigration alerts to announce fast-breaking developments.
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Immigration and Global Migration are one of the most complex and dynamic areas of law and policy affecting America’s social and economic composition. A well-functioning immigration system is critical to America remaining strong and vibrant. To contribute to this goal and to meet the growing needs for comprehensive and sophisticated legal services in all aspects of business immigration-related matters in Northwest Florida, South Alabama and Mississippi, Gulf Coast Immigration has been issuing business immigration newsletters/updates and immigration alerts to announce fast-breaking developments.
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James Laney, former U.S. ambassador to Korea, receives a lifetime achievement award.
After only 40 days representing his country in the Southeast, Seong-jin Kim, Korea's consul general based in Atlanta, knows how to capture his audience here.
During the 2014 Annual Dinner of the Korea Southeast U.S. Chamber of Commerce, Mr Kim let it be known that he had heard theHyundai Motor Co. was considering building a second plant in the U.S.
“I've heard Hyundai is considering another big facility around here,” he told the Dec. 11 gathering at the law offices of Nelson Mullins Riley & Scarborough LLP in Atlantic Station.
“I don't know where,” he admitted, but said that he suspects one of the six states that his consulate represents would be a leading candidate. Those states are: Alabama, Florida,Georgia, North and South Carolina, andTennessee. He assured everyone that he would let them know of any developments.
In 2005, Hyundai held the official opening of its first U.S. plant in Montgomery, Ala. Two years later, its sister company Kia Motorsopened a plant in West Point.
The two plants have attracted dozens of auto suppliers to the Southeast and provided thousands of jobs.
Mr. Kim said that when he visited the Kia plant recently, he told its employees that Kia was not just a Korean company but a U.S. company as well.
Having captured everyone's attention at the dinner, he then predicted that North and South Korea would be reunified.
“It will happen sooner than we expect,” he said providing “huge opportunities” for U.S. and Korean businesses that are being called “the Korean bonanza.”
Mr. Kim went even further to say that unification of the two countries would provide “a new gold rush” for U.S. companies.
Besides Mr. Kim's address, the dinner highlighted the career of James T. Laney, the U.S. ambassador to Korea from 1993-96 and a former president of Emory University, who received a lifetime achievement award.
Mr. Laney acknowledged a lifetime interest in Korea recalling his first arrival there in 1946 at age 19 as an intelligence officer. He also served as a Methodist missionary teaching atYonsei University in Seoul, South Korea's capital, and was appointed by President Bill Clinton as ambassador.
Norcross mayor, Bucky Johnson, awarded C.H. Andy Kim, the chamber's president, with a gold key to the city for his work in the Norcross' redevelopment.
Jin Kim, a pioneer in Korea of an appreciation of early Western music, and Jung-hae Kim, a harpsichordist, provided a baroque music concert comprised of pieces by Nicola Matteis (1682-1714), and J.S. Bach (1685-1750).
A former classmate in Korea of June Towery, Nelson Mullins attorney and immediate past president of the chamber, Ms. Kim lives in Belgium but came to Atlanta to the dinner and this weekend to the Besharat Gallery with her violin that dates back to 1656.
Che-jin Park, a New York attorney representing the lobbying group, Korean American Citizen Empowerment, announced that a bill to expand the quota to 15,000 E-4 visas for Korean skilled workers would be introduced in the next session of the U.S. House of Representatives.
A moment of silence was held to acknowledge the death on Dec. 3 of John Hemby, the chamber's founding president.
A review of the strengthened trade relationship between the U.S. and Korea due to theKorea-U.S. Free Trade Agreement was distributed. Mr. Kim, the consul general, called U.S.-Korea economic relations at “their highest point” ever.
To learn more about the chamber, click here.
by 정희영 기자 | 라디오 코리아
한미동남부상공회의소는 어제 저녁 연례만찬 행사를 열고 동남부 경제인들의 교류의 장을 마련했다. 이날 행사에는 김성진 애틀랜타 총영사가 기조연설을 했으며, 제임스 레이니 전 대사에게 공로패가 증정됐다.
11일 저녁 애틀랜타 소재 넬슨 멀린스 라인리 앤 스카보로우에서 한미동남부상공회의소 주최 연례만찬이 열렸다.
조지아 경제개발국 제인 캐러웨이 담당자의 오프닝으로 시작한 이날 행사는 카심 리드 애틀랜타 시장의 축사 동영상, 공로상 수여, 프리젠테이션, 바로크 음악 콘서트, 기조 연설 등으로 이어졌다.
공로상은 제임스 레이니 전 대사에게로 돌아갔고, 레이니 전 대사는 “온갖 어려움을 견뎌내고 발전한 한국의 모습에 감격한다”라며 수상소감을 전했다.
[제임스 레이니 전 대사: “전쟁의 고통과 일제강점기의 압박 등 모든 지난 날을 헤쳐내고 이런 한국의 기적을 보는 것은 정말 멋진 일입니다. 한국은 민주주의와 경제 발전국으로 우뚝 섰습니다.”]
주애틀랜타총영사관 김성진 총영사는 ‘한미경제협력’이라는 주제로 기조연설을 펼쳤다. 김 총영사는 한미 FTA 체결로 이룬 성과와 한미 양국간 경제적 파트너십을 강조했다.
기조연설의 말미에는 “한국에의 투자를 늘리라”는 제안을 하며 한국이 경제적 파트너로서 가진 장점을 부각시켰다.
[김성진 총영사: “이곳에 오신 상공인들과 미국인 사업가들에게 자유로운 제안 하나를 하고자 합니다.저는 당신들이 한국에 더 많은 투자를 하기를 요청합니다. 한국은 많은 비즈니스 파트너들이 있는 아주 매력적인 사업 목적지이며, 이것이 총영사로서 제가 해야 하는 중요한 일들 중 한가지 이기도 합니다.”]
한편 이날 연례 만찬에는 총영사관 관계자들, 기아, 만도와 같은 조지아 주에 진출한 한국 기업 관계자들과, 각종 시, 카운티 관계자들, 상공회의소 관계자들이 참석해 자리를 빛냈다.