Korea, US Free Trade Pact ''Possible'' by Early 2007

Washington offers accelerated tariff cuts to spur the difficult negotiations

WASHINGTON, DC – 10/25/06 – A free trade pact between the US and South Korea could become a reality by early 2007, says chief US negotiator Wendy Cutler at the opening of this week’s fourth round of talks between the two countries; since the two sides launched FTA negotiations in February they have reported little progress even though they postponed consideration of the most politically sensitive issues, such as US access to the Korean rice market.


California Leads US, World in Biotech


LA JOLLA – 10/19/06 – California’s biomedical sector is the most active in the entire US with the industry now positioned as the second largest driver of the state’s economy surpassing the entertainment, aerospace, telecommunications, and computer industries in employment, according to the latest 2006 California Biomedical Industry Survey; the survey was conducted by the California Healthcare Institute (CHI) and PricewaterhouseCoopers LLP and found that California-based biomed companies generated $62 billion in revenue in 2005 accounting for a full two-thirds of the market value of all NASDAQ- listed life sciences companies.


Comprehensive Port Security Bill Signed Into Law


WASHINGTON, DC – 10/14/06 – The Security and Accountability for Every Port Act of 2006 – or SAFE Act – has been signed into law by President George Bush; the new legislation calls for the gradual implementation of a laundry list of security measures at US container ports including background checks and credentials for port and dock workers and contingency plans for the resumption of trade in the event of a terrorist attack on the country’s ports or waterways.


See All Previous Front Page Stories

Page Two

 Briefs


  Opinion 

 

''On the Waterfront – Still''


John Fund, Wall Street Journal, 09/17/06


''Regulatory Reform on Both Sides of the Atlantic''


John Graham, Washington Post, 08/15/06


  

Profiles

Up, Up and Away: Moller International


DAVIS – Untold visionaries from Jules Verne to George Lucas have been fascinated with the idea of personal-use aircraft that would be as simple and safe to use as a bicycle; an expatriate entrepreneur engineer from Canada has made that vision a reality with the development of the SkyCar, a vertical takeoff/landing (VTOL) aircraft for those who want to make waiting in freeway traffic jams a thing of the past.


 

Calendar

The latest news on trade-related events, conferences, and seminars across the state, the nation, and the world.