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(212) 759-7525
Fax: (212) 759-7530
Home arrow Corporate Affairs
Corporate Affairs


Our corporate affairs project area provides the international business community with unique access to the issues and individuals that define U.S.-Korea business relations in a rapidly changing global environment. The programs offered in this project area include conferences, seminars and forums that help Americans and Koreans meet the challenges of doing business together. These programs bring together Korean and American leaders from government, business, the media, academia and international organizations for frank and interactive discussions of the current economic, political and security topics that affect U.S.-Korea relations in a global context.

The focus of this project area is to explore and clarify the major issues affecting the economic partnership between the U.S. and Korea by providing opportunities for interaction between major players in both the private and public sectors of both countries. The objective is to promote a better understanding of the potential for mutually beneficial collaboration within a rapidly changing global environment.



Changing Prospects for the KORUS FTA Ratification

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Tami Overby
President & CEO
American Chamber of Commerce in Korea

Thursday, March 27, 2008
11:30 AM - 12:00 PM ♦ Registration and Reception
12:00 PM - 2:00 PM ♦ Luncheon and Presentation

The Korea Society
950 Third Avenue, Eighth Floor, New York City
(Building entrance on SW corner of Third Avenue and 57th Street)

$20 for members, $25 for nonmembers
Buy tickets
For more information or to register for the program, contact Patrick Clair at (212) 759-7525, ext. 328 or email

The next few months will be critical to securing the most commercially significant free-trade agreement for the U.S. in more than 15 years, says Tami Overby, president & CEO of the American Chamber of Commerce in Korea (AMCHAM Korea). Following the election of a new president in South Korea, and the emergence of free trade as a hot-button issue in the upcoming U.S. presidential election, the tone of the debate over the pending KORUS FTA is undergoing a significant shift. New ROK President Lee Myung-bak has expressed his strong interest in the FTA, which is currently pending ratification in Korea's National Assembly. But as President Lee prepares to make his first visit to the United States, prospects for ratification in the U.S. Congress are far from certain, because of South Korea's closure of its market to U.S. beef and growing concern in the U.S. about the fairness of such trade agreements. Tami Overby will discuss the specific opportunities and benefits the KORUS FTA offers to U.S. investors, manufacturers and exporters interested in Asian markets. She will also offer an update on the ratification debate in both countries.

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The Secret History of Capitalism

hajoonchang.jpg

From 18th Century Britain to 20th Century South Korea

with


Ha-Joon Chang
Professor of economics at the University of Cambridge and author of Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Wednesday, January 30th, 2008
8:30 AM- 9 AM ♦ Registration and breakfast
9:00 AM-10 AM ♦ Presentation and Q&A

The Korea Society, 950 Third Avenue, Eighth Floor, New York City
(Building entrance on SW corner of Third Avenue and 57th Street)

Over the last two and half decades, most developing countries have experienced slowing growth, rising inequality and greater economic instability. Ha-Joon Chang attributes these problems to a raft of policies—such as privatization, free trade and strong intellectual property protection—imposed on the developing world in bad faith by developed countries and the international organizations they control.

Chang believes the historical experience of developed countries, and those like South Korea that have gone from developing to developed status in recent decades, reveals the ineffectiveness of these macroeconomic policies. What the world economy really needs, he contends, is a new economic system that prioritizes long-term productivity.

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About the Speaker

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The ROK-US Relationship and the KORUS FTA in the 21st Century
Imagewith

Lee Tae-sik
Ambassador to the United States
Republic of Korea

Thursday, November 29, 2007
11:30 AM - 12:00 PM ♦ Registration and Reception
12:00 PM - 2:00 PM ♦ Luncheon and Presentation

The relationship between the Republic of Korea and the United States, forged in the middle of the 20th century, has grown from a classic client state-superpower alliance to a broad political and economic partnership based on shared values. Now, as the 21st century dawns, the two countries are preparing to transform their ties further by putting a landmark free trade agreement in place.

Ambassador Lee Tae-sik, the Republic of Korea’s top diplomat in the United States, will talk about how the new dynamics the free trade deal will bring to the ROK–U.S. relationship at The Korea Society on November 29.

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A "Big Bang" in the Financial Sector?
ImageKorea's Capital Markets Consolidation Act

with


Kun Ho Hwang
Chairman, Korea Securities Dealers Association
The Korea Society, 950 Third Avenue, Eighth Floor, New York City
(Building entrance on SW corner of Third Avenue and 57th Street)

Friday, October 19, 2007
8:00 AM-8:30 AM ♦ Registration & breakfast
8:30 AM-9:30 AM ♦ Presentation and Q&A

The Korean government has worked in recent years to establish Korea as a regional financial hub by boosting the country’s still nascent capital markets. In response to the ongoing changes in the global financial environment, the Korean government and the securities industry have promoted deregulation as a tool to drive the growth of the financial industry. The most notable and recent legislation is the Capital Markets Consolidation Act (CMCA). The Act was drafted with significant input from the Korea Securities Dealers’ Association (KSDA), and was passed by Korea’s National Assembly this past July. It will take effect in February of 2009. Its objective is to deregulate Korea’s capital markets, causing a “Big Bang” in the financial sector. According to Kun Ho Hwang, chairman of the Korea Securities Dealers Association, the Act will allow for the formation of a globally competitive investment banking industry. This will enable Korean financial firms to achieve the economies of scope needed to operate on the level of leading global investment banks such as Goldman Sachs and Morgan Stanley. Mr. Hwang will brief The Korea Society on the Act’s provisions and impact on the Korean financial services sector and capital markets.

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Supporting Organization Columbia Business School Asian Alumni CLub
About the Speaker
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