IV 
111TH CONGRESS 
1ST SESSION 
H. RES. 934 
Calling on the Government of the Republic of Korea to end unfair trade 
practices as such practices relate to the automotive industry, expressing 
the sense of the House of Representatives that it should take into 
account such unfair trade practices of the Republic of Korea when 
the House of Representatives considers the United States-Korea Free 
Trade Agreement, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
NOVEMBER 19, 2009 
Mr. DINGELL submitted the following resolution; which was referred to the 
Committee on Ways and Means 
RESOLUTION 
Calling on the Government of the Republic of Korea to 
end unfair trade practices as such practices relate to 
the automotive industry, expressing the sense of the 
House of Representatives that it should take into account 
such unfair trade practices of the Republic of Korea 
when the House of Representatives considers the United 
States-Korea Free Trade Agreement, and for other pur-
poses. 
Whereas the Organization for Economic Cooperation and De-
velopment (OECD) estimates the Republic of Korea’s 
automobile import rate to be 3.6 percent, the lowest of 
the 30 members of the OECD; 
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Whereas the market share of foreign automobile manufactur-
ers in the Republic of Korea has decreased from 5.3 per-
cent in 2008 to 4.5 percent in the first seven months of 
2009; 
Whereas the Republic of Korea’s recently instituted vehicle 
fleet modernization program has perpetuated the dis-
criminatory treatment faced by foreign automakers in the 
Republic of Korea and coincides with the decline in their 
market share there; 
Whereas vehicles manufactured by Korean manufacturers 
ranked among the 10 best-selling vehicles in the United 
States Consumer Assistance to Recycle and Save (CARS) 
program; 
Whereas the Republic of Korea exports more than 70 percent 
of its total auto production to the United States and the 
rest of the world; 
Whereas in 2008, the Republic of Korea exported 616,000 
cars and light trucks to the United States but imported 
just 10,377 cars and light trucks from the United States; 
Whereas 78 percent of the United States 2008 deficit with 
the 
Republic 
of 
Korea, 
which 
amounted 
to 
$13,400,000,000, is constituted by trade in automobiles, 
trucks, and parts; 
Whereas the current draft of the United States-Korea Free 
Trade Agreement has not been amended to include the 
March 7, 2007, Congressional Auto Caucus proposal, 
which will ensure fair access to the Republic of Korea’s 
automobile market by United States manufacturers; 
Whereas, in an October 5, 2009, Financial Times article, 
Ahn Byung-chan, director-general of the Bank of Korea, 
was quoted as saying, ‘‘If the symptoms behind the trend 
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[of won appreciation] do not improve, we will come up 
with necessary measures with the government,’’ thereby 
implying the intent of the Government of the Republic of 
Korea to engage in currency manipulation; 
Whereas, an October 12, 2009, Bloomberg article reported 
the Government of the Republic of Korea would ‘‘take 
steps to stabilize the drastic won movements stemming 
from herd behavior,’’ thus underlining its recent actions 
to halt the rise of the Korean won relative to the United 
States dollar; and 
Whereas continued intervention by the Republic of Korea in 
foreign exchange markets to halt the rise in value of the 
Korean won will likely result in further market share 
gains by Korean manufacturers in the United States 
automobile market: Now, therefore, be it 
Resolved, That the House of Representatives— 
(1) calls on the Government of the Republic of 
Korea to end unfair trade practices as such practices 
relate to the automotive industry; 
(2) should take into account the unfair trade 
practices of the Republic of Korea as such practices 
relate to the automotive industry when the House of 
Representatives considers the United States-Korea 
Free Trade Agreement; and 
(3) demands that the United States-Korea Free 
Trade Agreement be amended to include the March 
7, 2007, Congressional Auto Caucus proposal to en-
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sure fair access to the Republic of Korea’s auto-
mobile market by United States manufacturers. 
Æ 
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