IV 
112TH CONGRESS 
1ST SESSION 
H. RES. 266 
Expressing the sense of the House of Representatives that the President 
should, without any further delay, submit the United States–Korea Free 
Trade Agreement to Congress for its consideration and immediate ap-
proval under fast track procedures pursuant to the Bipartisan Trade 
Promotion Authority of 2002. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 11, 2011 
Mr. KELLY submitted the following resolution; which was referred to the 
Committee on Ways and Means 
RESOLUTION 
Expressing the sense of the House of Representatives that 
the President should, without any further delay, submit 
the United States–Korea Free Trade Agreement to Con-
gress for its consideration and immediate approval under 
fast track procedures pursuant to the Bipartisan Trade 
Promotion Authority of 2002. 
Whereas the United States and South Korea signed the 
United States–Korea Free Trade Agreement on June 30, 
2007, and that agreement was modified and again signed 
on December 3, 2010; 
Whereas according to the United States International Trade 
Commission, the reduction of South Korean tariffs and 
tariff-rate quotas on goods alone, as a result of imple-
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•HRES 266 IH 
menting the United States–Korea Free Trade Agree-
ment, will increase the annual gross domestic product of 
the United States by $10.1 billion to $11.9 billion; 
Whereas according to the United States International Trade 
Commission, implementing the United States–Korea Free 
Trade Agreement will increase annual goods exports from 
the United States by an estimated $9.7 billion to $10.9 
billion; 
Whereas according to the United States International Trade 
Commission, implementing the United States–Korea Free 
Trade Agreement would create 20,000 to 24,000 jobs in 
the United States; 
Whereas according to the United States Trade Representa-
tive, implementing the United States–Korea Free Trade 
Agreement will create at least 70,000 jobs in the United 
States; 
Whereas according to the majority staff of the Senate Fi-
nance Committee, Subcommittee on Trade, Customs and 
Global Competitiveness, with technical assistance from 
the staff of the United States International Trade Com-
mission, implementing the United States–Korea Free 
Trade Agreement will create up to 280,000 jobs in the 
United States; 
Whereas by implementing the United States–Korea Free 
Trade Agreement, United States exports would obtain 
immediate duty-free treatment on 80 percent of South 
Korea’s tariff lines, nearly 95 percent of bilateral trade 
in consumer and industrial products would become duty 
free within 3 years of the date the United States–Korea 
Free Trade Agreement enters into force, and most re-
maining tariffs would be eliminated within 10 years; 
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•HRES 266 IH 
Whereas South Korea is the seventh largest trading partner 
of the United States; 
Whereas the United States is the third largest trading part-
ner of South Korea; 
Whereas South Korea is the eighth largest export market of 
the United States; 
Whereas South Korea has a $1 trillion economy and is the 
12th largest economy in the world; 
Whereas the United States–Korea Free Trade Agreement ad-
vances the President’s National Export Initiative goal of 
doubling of United States exports in 5 years, that is, by 
2014; 
Whereas United States goods exports to South Korea rose to 
$38 billion in 2010, and South Korea was the fastest 
growing export market for United States manufactured 
goods that year, increasing 39.6 percent; 
Whereas South Korea is a huge market for United States 
small- and medium-size enterprises, which made up 89 
percent of United States businesses exporting to South 
Korea in 2007 and accounted for $18 billion in United 
States exports to South Korea; 
Whereas implementing the United States–Korea Free Trade 
Agreement would create new opportunities for United 
States businesses by leveling the playing field for United 
States workers, manufacturers, and farmers in the Ko-
rean market; 
Whereas United States exports to South Korea currently face 
an average tariff of 12.2 percent (49 percent for agricul-
tural products and 6.6 percent for nonagricultural prod-
ucts), which is over 4 times higher than that which the 
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•HRES 266 IH 
United States imposes, as well as a wide range of non-
tariff barriers; 
Whereas according to the United States Trade Representa-
tive, implementing the United States–Korea Free Trade 
Agreement will allow providers of services in virtually all 
major service sectors, such as delivery, financial services, 
legal consulting telecommunications, education, and 
health care, based in the United States to compete in the 
services market of South Korea, which is valued at $580 
billion; 
Whereas according to the United States Trade Representa-
tive, implementing the United States–Korea Free Trade 
Agreement would increase access to the South Korean 
market and ensure greater transparency and fair treat-
ment for United States suppliers of financial services; 
Whereas according to the United States Trade Representa-
tive, implementing the United States–Korea Free Trade 
Agreement would address nontariff barriers in a wide 
range of sectors and includes strong provisions on com-
petition policy, labor, and environment, and transparency 
and regulatory due process; 
Whereas according to the United States Trade Representa-
tive, implementing the United States–Korea Free Trade 
Agreement would also provide United States suppliers 
with greater access to the $100 billion South Korean 
Government procurement market; 
Whereas South Korea’s average tariff on nonagricultural 
goods exported by the United States is 6.6 percent, and 
the United States average tariff on nonagricultural goods 
exported by South Korea is 3.2 percent, which is over 2 
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•HRES 266 IH 
times higher than that which the United States imposes 
as well as a wide range of nontariff barriers; 
Whereas implementing the United States–Korea Free Trade 
Agreement requires South Korea to reduce auto tariffs 
immediately while phasing in corresponding United 
States tariff cuts, reduces South Korean regulatory non- 
tariff barriers on United States auto exports, and pro-
vides for tough United States remedies by returning to 
pre-agreement levels if South Korea is in material viola-
tion of the agreement; 
Whereas United States auto manufacturers including the Big 
Three (General Motors, Ford, and Chrysler), and the 
United Auto Workers Union endorse the United States– 
Korea Free Trade Agreement; 
Whereas South Korea is the fifth largest market for the ex-
ports of United States agricultural products; 
Whereas South Korea’s average tariff on agricultural prod-
ucts exported by the United States is 54 percent, while 
the United States average tariff on agricultural products 
exported by South Korea is 9 percent; 
Whereas implementing the United States–Korea Free Trade 
Agreement would immediately eliminate or phase out tar-
iffs and quotas on a broad range of agricultural products, 
with almost two-thirds (by value) of South Korea’s agri-
culture imports from the United States becoming duty 
free upon entry into force; 
Whereas according to the American Farm Bureau, imple-
menting the United States–Korea Free Trade Agreement 
will lead to a $1.8 billion increase in United States agri-
cultural trade per year; 
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