The U.S. ratification of the stalled Free Trade Agreements with South Korea, Colombia, and Panama indicates that "there is a possibility, despite the very great partisan divisions in Congress, of bipartisan cooperation on economic issues," says CFR's Edward Alden. However, Alden emphasizes that "it is important not to overstate the potential job creation benefits" of the agreements.
As Presidents Lee and Obama reaffirm the relationship and celebrate congressional approval of a long-pending free trade deal, they must also focus on difficult challenges ahead with North Korea and China's rise, say experts.
The longstanding U.S.-South Korea alliance, created as a bulwark against a communist North Korea, has expanded to include tighter trade ties and cooperation on global issues from climate change to international development.
South Korean President Lee Myung-bak's visit to Washington is likely to see passage of the Free Trade Agreement and coordination on strategies for pushing North Korea toward denuclearization, says CFR's Scott Snyder.
Thomas A. Daschle interviewed by Christopher Alessi
The U.S. needs to revitalize trade policy and spur foreign investment in this country--timely ingredients for a job-creating economic resurgence, says former senator Thomas Daschle, co-chair of a new CFR independent task force on trade and investment.
The report of the Independent Task Force on U.S. Trade and Investment Policy calls for a "pro-America" trade policy that brings to more Americans more of the benefits of global engagement, within the framework of a strengthened, rules-based trading system.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.