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HI HR128
Resolution
Status
4/5/2011
Primary Sponsor
John Mizuno
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AI Summary
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Urges United States Congress to approve the United States-Korea Trade Agreement, originally signed on June 30, 2007 and resolved on December 3, 2010.
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Agreement would eliminate tariffs on over 95 percent of industrial and consumer goods, including agricultural products, within five years and is expected to increase American exports by $10 to $11 billion.
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Highlights benefits for Hawaii's agricultural producers and ranchers through increased market access to South Korea, the United States' top agricultural export destination.
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Emphasizes advantages for Hawaii-based businesses in energy, environmental services, telecommunications, and information technology sectors through cross-border service provisions.
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Directs transmission of certified copies to the Governor, Hawaii's congressional delegation, U.S. Senate President Pro Tempore, U.S. House Speaker, and U.S. Trade Representative.
Legislative Description
U.S.-Korea Trade Agreement
Last Action
(H) Resolution adopted in final form.
4/5/2011