Promoting Korea to the world
Established in 1946, the Korea International Trade Association advances Korean trade interests around the world and is currently the largest business organization in the country with more than 71,000 member-companies. To meet its objective, KITA provides hands-on support to trade companies, solicits cooperation from the private sector, formulates new strategies, nurtures professionals, and builds related infrastructure.
I met with KITA Chairman and CEO Duck-Soo Han to discuss the future of Korean trade. Three years into the job, Han – who was also the country’s prime minister, trade minister, finance minister, and ambassador to the United States in the past – said Korea developed into an economic power because of its open economic policy.
Han believes that Korea, with the cooperation of KITA, must continue with this open economic policy and should further strengthen its innovation capabilities. He said the country has to forge more free trade agreements if it is to consolidate its global presence in the years to come.
A Firm Commitment to Clients on Both Sides of the Pacific
Working from 15 offices in 13 countries, McKenna Long & Aldridge is an international law firm with more than 500 attorneys and public policy advisors who provide expert advise to clients in both the public and private sectors.
Following the implementation of the KORUS FTA in 2012, Mr. Andrew J. Park, a partner from MLA’s Washington, D.C. office, was sent to Korea to open and head the firm’s branch in Seoul.
Opening the Seoul office was a natural move for MLA because it already had a practice that worked with Korean and American clients in the two countries.
With more than 23 years of legal experience representing clients from both the United States and Korea, Park possess a deep understanding of the legal issues, and the unique business practices and cultures in the two countries. - CB