South Korea ramps up trade with Oregon

South Korea ramps up trade with Oregon

South Korea spends more than $1 billion annually on Oregon crops, technology and other products, while Oregonians buy $1.6 billion in Korean products each year.

Much of that commerce flows among large companies with sophisticated international operations. Han Duck-Soo, chairman of the Korea International Trade Association, visited Portland this afternoon in an effort to bolster connections among smaller organizations and to highlight declining tariffs under a new free trade agreement between the U.S. and South Korea.

"Up to now, small businesses are not fully updated on what the FTA has for their businesses," said Han, who is a former South Korean prime minister and was the country's ambassador to the United States until earlier this year.

Read more at OregonLive.com.