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Inslee, Korean leaders, anticipate more trade and investment

October 04, 2013 J

Korean business leaders and Washington state Gov. Jay Inslee recently celebrated the relationship at an event promoting the growing economic possibilities between the two nations under the United States-Korea Free Trade Agreement, now in effect for 17 months.

The event, at the Fairmont Olympic Hotel in Seattle, featured Han Duck-soo, president of the Korea International Trade Association, which was established in 1946,and which claims to be the largest Korean business group, with more than 71,000 members.

Han, who said he feels a “sense of familiarity and comfort” when he’s in Seattle, proposed a round of formal meetings between Korean and Washington officials to encourage “close ties” between the two entities.

He cited an agreement signed last year between the Korea International Trade Association and the Washington Biotechnology and Biomedical Association, and called for other negotiations to increase trade between his country and Washington.

He also said 2013 is notable because it’s the 60th anniversary of the defense treaty between South Korea and the United States, following the Korean war.

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