Yesterday when I met both Jeffrey (chairman of Amcham board of governance) and James (chairman and CEO of Amcham) at Amcham formal dinner, I had a very good conversation with them on many Korean U.S. affairs and really enjoyed their friendly honest opinions about current issues and their great passion towards betterness of life of Koreans.
The following was reported by Yonhap news on May 16 this year on possibility of easier entry to the U.S. by Korean nationals from next year.
May 16,2018 (Yonhap News)
From left: Amcham Vice Chairman David R. Ruch, Chairman and CEO James Kim and Jeffrey Jones, the chairman of the board of governors at Amcham Korea, answer questions from reporters about their meetings with U.S. government officials during this year’s “doorknock” visit to Washington on Tuesday. [YONHAP]
According to the news by Yonhap in May, it would be easier to enter the U.S. without spendi g too much time in making a long queue for customs clearance probably from 2019 with the global entry program being executed.
In the report, “in their annual “doorknock” meetings with members of Congress and senators, U.S. business leaders at the American Chamber of Commerce in Korea (Amcham) last month (April) said Washington officials were very supportive about offering the global entry program to Koreans sooner.”James Kim (chairman ans CEO of Amcham) said that he would follow up and help begin the execution of the global entry process for Koreans with the U.S. government.”
If it is finalized successfully, it said Korea would become the third Asian country after Singapore and Taiwan under the global entry program. However Japan and China are reportedly not expected to join this program. As per the news report, there are only 11 countries globally that participate in this global entry program.And Jeffrey Jones said that visa waivers and global entry would make more businesspeople travel to the U.S. easier wuthout customs entry interviews at airports. He is the chairman of Amcham’s board of governors today.
This is expected that more trade and services between South Korea and the United States would take place from next year given the easier entry to the U.S. with more goods and services being transacted.
According to the Yonhap, “The trade deficit in goods decreased to $22 billion in 2017 from $27 billion a year earlier. The U.S. has posted a trade surplus in services with Korea, with an average of 10 percent growth annually since 2011, Amcham said.”
Author : Julia Shin AJPOP Consulting
(Reference: Yonhap News May 16, 2018)