Cutler, u. S. Trade representative during the obama administration. This was hosted by the center for strategic and International Studies examining challenges and opportunities under the u. S. south korean alliance. Good afternoon. We would like to begin session three. Im the moderator of the session. My name is taeho bark. Professor emeritus. I just retired at the end of last month, so i call myself professor emeritus. Seoul national university, and i was the former trade minister of korea. Let me first join our creative speakers in thanking the csis and the Korea Foundation for organizing such a timely conference as one we have today. Since our topic this afternoon is about future state of the current fda, let me briefly introduce the recent development to help the audience better understand the situation. As you know, it started its implementation on march 15th of 2012. Which is about five and a half years ago. The chorus fda as far as i understand seems to be working in the right d