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U.S. Commerce Secretary Gary Locke, Congressional Delegation Meet with Korean President Lee to Discuss U.S.-Korea Commercial Relationship

U.S. Commerce Secretary Gary Locke and members of Congress met today with the President of the Republic of Korea Lee Myung-Bak at the Blue House. Locke, who is leading a bipartisan congressional delegation to build support for the passage of the U.S.-Korea Trade Agreement (KORUS), reinforced the importance of the bilateral commercial relationship as part of the two countries’ historic alliance and emphasized the importance of KORUS in spurring economic growth in both the U.S. and Korea. “Korea is a vital ally, a strong friend, and an important economic partner,” Commerce Secretary Gary Locke said . “KORUS is a win-win for both the U.S. and Korea. This agreement will strengthen our partnership and take it to the next level, by lowering tariffs and creating a more level playing field for businesses in both countries.” The congressional delegation consists of four members from the U.S. House of Representatives – Reps. Charles Rangel (D-NY), Jim McDermott (D-WA), Joseph Crowley (D-NY) and...