Los Angeles, California, January 24, 2011 - Han Duk-soo, South Korea's Ambassador to the United States takes a brief nap before arriving at the Wilshire Grand Hotel where Mr. Duk-soo will speak to reporters and host a dinner for local Korean-American business leaders. The delegation of Chamber of Commerce representatives and South Korean advisors was in town as part of a sustained effort since 2007 to sell the idea of the U.S.-Korea Free Trade Agreement to the US. Final language is still being worked out, but the agreement could come to a vote in the next few weeks. ..The U.S.-Korea Free Trade Agreement would eliminate tariffs on 95% of U.S. goods within five years of its signing and could boost U.S. exports by $11 billion annually, the International Trade Commission estimates. It would also reduce trade restrictions and tariffs on U.S. auto and beef exports while continuing American tariffs on South Korean autos for a limited time. Southern California would almost certainly be a major beneficiary. Nearly $16 billion in goods moved between South Korean and Southland ports in 2009. The Los Angeles area is home to an estimated 600,000 Korean Americans, many of whom have strong business ties to their homeland and are heavily invested in the local economy. Southern California's entertainment industry also supports the pact, which would clamp down on unauthorized copying and sharing of music and videos in South Korea, where piracy is a serious problem. ..