Begich Reaction to Korean Trade Agreement
U.S. Sen. Mark Begich issued the following statement in reaction to news from U.S. Commerce Secretary Gary Locke that the U.S. and Korea have negotiated a trade agreement. Sec. Locke called Begich this afternoon to tell him about the agreement:
"With Alaska serving as the gateway to the Pacific Rim, the opportunity to increase trade with South Korea is great news. Selling American products and services abroad is one of the best ways to reduce our national debt while creating jobs and boosting the economy at home.
"Korea is one of Alaska's major trading partners, purchasing millions of dollars worth of Alaska energy, seafood and other products. This agreement is welcome news for the Alaska business community."
Begich noted the State of Alaska was the first state to establish a Korean trade office, back in 1985, and thousands of Korean-Americans call Alaska home.