•HRES 266 IH 
Whereas the reduction of trade barriers to the United States 
promotes economic development, creates jobs, and solidi-
fying relations with South Korea; 
Whereas increased trade will help to strengthen ties between 
the United States and South Korea and advance impor-
tant national security goals; 
Whereas the United States–Korea Free Trade Agreement is 
the first United States free trade agreement with a North 
Asian partner, the United States–Korea Free Trade 
Agreement and the values of economic freedom and prop-
erty rights that it promotes could serve as a model for 
free trade agreements with the rest of the region, and un-
derscore the United States commitment to, and engage-
ment in, the Asia-Pacific region; 
Whereas failure to implement the United States–Korea Free 
Trade Agreement allows other countries to enter into free 
trade agreements with South Korea, giving the busi-
nesses of these respective countries a massive competitive 
edge over the United States in South Korea’s market; 
Whereas the United States was South Korea’s biggest trade 
partner with a market share of 21 percent in 2003 and 
has now fallen to third place with a market share of 9 
percent; 
Whereas, on May 4, 2011, South Korea approved the Euro-
pean Union–Korea Free Trade Agreement, which had al-
ready been approved by the European Union on February 
17, 2011, thereby placing the agreement on track to take 
scheduled effect on July 1, 2011; 
Whereas South Korea and Canada have a pending free trade 
agreement that is at an advanced stage of negotiation; 
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•HRES 266 IH 
Whereas according to the United States Chamber of Com-
merce, failure to implement the United States–Korea 
Free Trade Agreement places as many as 345,000 
United States jobs and $35 billion in United States ex-
ports at risk if the completed European Union–Korea 
free trade agreement and the pending Canada–Korea free 
trade agreement go into effect before the United States– 
Korea Free Trade Agreement; 
Whereas Peru has concluded a free trade agreement with 
South Korea that is scheduled to be ratified by July 
2011; 
Whereas South Korea and Australia agreed on April 25, 
2011, to conclude a free trade agreement by the end of 
the year; 
Whereas South Korea is also negotiating major free trade 
agreements with Chile, New Zealand, and Mexico; 
Whereas South Korea, China, and Japan have formed a 
Joint Study Committee to discuss the formation of a tri-
lateral free trade agreement; 
Whereas the current state of relations between North Korea 
and South Korea call for closer ties between the United 
States and its close ally South Korea; 
Whereas, on March 26, 2010, the South Korean naval vessel, 
Cheonan was sunk, the cause of which was a torpedo 
fired by North Korea submarine, as determined by the 
Joint Civilian-Military Investigation Group composed of 
South Korean government officials and experts from the 
United States, Australia, the United Kingdom, and the 
Kingdom of Sweden, in a premeditated act in violation of 
the 1953 Armistice Agreement with South Korea; 
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•HRES 266 IH 
Whereas, on November 23, 2010, in a premeditated act in 
violation of the 1953 Armistice Agreement with South 
Korea, North Korean military forces fired artillery shells 
at the South Korean island of Yeonpyeong, killing two 
South Korean marines and two civilians and injuring six-
teen other members of the South Korean armed forces; 
Whereas prompt approval of the United States–Korea Free 
Trade Agreement by Congress will encourage the Na-
tional Assembly of South Korea to approve promptly the 
United States–Korea Free Trade Agreement; 
Whereas the United States–Korea Free Trade Agreement re-
spects United States sovereignty by providing for a vol-
untary, non-binding trade dispute resolution process in-
volving a representative from South Korea, a representa-
tive of the United States, and a representative from a 
mutually agreed-upon third country; 
Whereas under the United States–Korea Free Trade Agree-
ment any adverse dispute settlements against the United 
States are not self-executing and require implementation 
by the President or Congress; 
Whereas the United States–Korea Free Trade Agreement re-
spects United States sovereignty by imposing no obliga-
tions as to immigration; 
Whereas the United States–Korea Free Trade Agreement re-
spects United States sovereignty by placing no restric-
tions on the United States to regulate investment activity 
in accordance with environmental concerns; 
Whereas the United States–Korea Free Trade Agreement en-
courages investment opportunities in the United States 
and protects the property rights of South Korean inves-
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•HRES 266 IH 
tors on an equal but not greater legal basis than that of 
United States investors; 
Whereas, on April 18, 2011, the President issued an Execu-
tive Order Prohibiting Certain Transactions with Respect 
to North Korea, stating ‘‘the importation into the United 
States, directly or indirectly, of any goods, services, or 
technology from North Korea is prohibited.’’; 
Whereas any export from North Korea to the United States 
must be licensed by the Department of the Treasury’s 
Office of Foreign Asset Control; 
Whereas United States Customs and Border Protection, with 
cooperation by the South Korean Government, prevents 
transshipment from North Korea by ensuring that all 
parts comply with rules of origin and are properly docu-
mented, and furthermore investigates any claims of non- 
compliant shipment and seizes such shipments before 
they enter the United States; 
Whereas any change to United States bans on exports from 
North Korea to the United States requires an Act of 
Congress; 
Whereas the United States–Korea Free Trade Agreement 
provides only for a committee to conduct non-binding dis-
cussions between the United States and South Korea re-
garding outward processing zones that may be designated 
as originating from South Korea; 
Whereas it is the position of the current presidential adminis-
tration and the prior presidential administration that any 
recommendation regarding outward processing zones re-
quires an Act of Congress to take any effect; and 
Whereas Ambassador Demetrios Marantis, Deputy United 
States Trade Representative, testified before an April 7, 
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•HRES 266 IH 
2011, hearing of the United States House of Representa-
tives, Committee on Ways and Means, Subcommittee on 
Trade, that goods from Kaesong Industrial Complex do 
not receive any benefits under the United States–Korea 
Free Trade Agreement and that any change to current 
treatment of such goods requires the Congress to pass 
and the President to sign legislation: Now, therefore, be 
it 
Resolved, That— 
(1) the House of Representatives recognizes 
that the implementation of the United States–Korea 
Free Trade Agreement will— 
(A) create jobs in the United States; 
(B) increase export opportunities for busi-
nesses, auto manufacturers, and agricultural 
producers in the United States; and 
(C) further develop cross-cultural business 
relationships between the United States and 
South Korea; and 
(2) it is the sense of the House of Representa-
tives that— 
(A) it is in the security, economic, and dip-
lomatic interests of the United States to en-
hance relationships with South Korea, by imme-
diately approving the United States–Korea Free 
Trade Agreement; 
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•HRES 266 IH 
(B) the President, in consultation with 
Congress, should immediately submit legislation 
implementing the United States–Korea Free 
Trade Agreement to Congress; 
(C) such implementing legislation should 
be drafted such that it qualifies for expedited 
(‘‘fast track’’) legislative procedures set forth in 
the Bipartisan Trade Promotion Authority Act 
of 2002 by approving the agreement ‘‘entered 
into’’ in 2007 and including provisions enact-
ing, amending, or repealing existing U.S. laws 
only to the extent that the provisions are ‘‘nec-
essary or appropriate’’ for the implementation 
of the agreement ‘‘entered into’’ in 2007; and 
(D) Congress should promptly consider 
and enact this implementing legislation under 
fast track procedures pursuant to the Bipar-
tisan Trade Promotion Authority Act of 2002. 
Æ 
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