Did you know that over the coming weeks Congress is slated to pass the Korea-U.S. Free Trade Agreement (KorUS FTA) that would be the largest trade deal since the passage of North America Free Trade Agreement (NAFTA)? NAFTA devastated livelihoods for millions of peasants, family farmers, and workers in Mexico, the U.S., and Canada while allowing corporations to make exorbitant profits.
The Economic Policy Institute reports that KorUS FTA will destroy at least 159,000 American jobs. The Korean Peasants League projects that the KorUS FTA would decrease South Korean agricultural production by 45 percent, and make nearly half of South Korean family farmers lose their livelihoods (despite rice production being protected). And, passage of this trade agreement may also contribute to even more far-reaching land grabs as South Korean corporations purchase and lease land in Africa and Asia to safeguard against the looming threat of food insecurity. Other bilateral free trade agreements on the horizon, such as those with Colombia and Panama, are just as troubling.
Grassroots International ally and grantee, the National Family Farm Coalition (NFFC) has taken a strong position against the KorUS FTA, and is working in solidarity with the Korean Peasants League in a campaign to oppose the trade deal. Both organizations are members of Grassroots’ partner the Via Campesina, and are working in concert with hundreds of unions and organizations in both countries to stop this trade deal.
Thank you for standing up for food sovereignty and global justice! Sincerely,