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[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 245 Introduced in Senate (IS)]

105th CONGRESS
  2d Session
S. RES. 245

Expressing the sense of the Senate that it is the interest of both the 
    United States and the Republic of Korea to maintain and enhance 
 continued close U.S.-ROK relations, and to commend President Kim Dae 
Jung and the Republic of Korea for the measures already implemented and 
 those it has committed to implement to resolve the country's economic 
                        and financial problems.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                              June 9, 1998

     Mr. Roth (for himself and Mr. Thomas) submitted the following 
  resolution; which was referred to the Committee on Foreign Relations

_______________________________________________________________________

                               RESOLUTION

 
Expressing the sense of the Senate that it is the interest of both the 
    United States and the Republic of Korea to maintain and enhance 
 continued close U.S.-ROK relations, and to commend President Kim Dae 
Jung and the Republic of Korea for the measures already implemented and 
 those it has committed to implement to resolve the country's economic 
                        and financial problems.

Whereas the United States maintains a close, critical, and robust bilateral 
        partnership with the Republic of Korea, and has a profound interest in 
        furthering that relationship;
Whereas the U.S. security relationship with the ROK, based on the 1953 Mutual 
        Defense Treaty, bilateral consultations, and combined military forces, 
        is one of our most important, and it is in both countries' interest, as 
        well as in the interest of the countries of the Asia Pacific region, for 
        that relationship to be maintained;
Whereas the ROK is the United States seventh largest trading partner, fifth 
        largest export market and fourth largest market for U.S. agricultural 
        products;
Whereas the recent presidential election of Kim Dae Jung, formerly one of his 
        country's most prominent dissidents, further demonstrates the strength 
        and vibrancy of democracy in the ROK;
Whereas the ROK has already made significant strides in reforming, 
        restructuring, and opening its economy in response to the Asian 
        financial crisis; and
Whereas the President Kim has committed his administration to making an array of 
        further structural reforms that over the medium- to long-term, will 
        produce a more open, competitive, and dynamic Korea, benefiting the 
        Korean people, U.S.-ROK relations and the global economy: Now, 
        therefore, be it
    Resolved, That it is the sense of the Senate that--
            (1) the United States and the Republic of Korea should 
        continue to advance already close bilateral security and 
        economic and political ties for the mutual benefit of both 
        countries, and for the maintenance of peace, stability, and 
        prosperity in the Asia Pacific region; and
            (2) commends President Kim Dae Jung and the Republic of 
        Korea for the measures already implemented and those measures 
        it has committed to implement to resolve the country's economic 
        and financial problems.
                                 <all>
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