ExecutiveOrdersEO
NoticeNoticeG.W. Bush · R

Presidential Notice

Notice of Intention To Enter Into a Free Trade Agreement With Korea

President George W. Bush formally notified Congress of his intention to enter into a free trade agreement with South Korea, as required by section 2105(a)(1)(A) of the Trade Act of 2002. The notice was published in the Federal Register to satisfy statutory procedural requirements.

Federal Register Open PDF 72 FR 16259

Impact dates

  1. Congressional notification and Federal Register publication

Key directives

  • Notify Congress of intention to enter into free trade agreement with Republic of Korea
  • Publish notice in Federal Register

Timeline

Immediate

  • Congressional notification completed
  • Federal Register publication

Near term (90d)

  • Congressional review period under Trade Promotion Authority
  • Potential draft of US-Korea FTA text

Long term

  • Negotiation and finalization of KORUS FTA
  • Implementation pending congressional approval

Risks & tensions

  • Trade Promotion Authority procedures constrain congressional amendment power
  • Potential domestic opposition from auto and agriculture sectors; text vague on whether this notice itself triggers specific timeline
Presidential Notice: Notice of Intention To Enter Into a Free Trade Agreement With Korea · Executive Orders