1. President-elect George W. Bush has nominated Rober Zoellick, the former Under Secretary of State for 
Economic Affairs, as the new US trade representative on January 11, 2001. 

2. Mr. Zoellick served as the Deputy Assistant Secretary for Financial Institutions Policy from 1987 to 1988 
and as the Under Secretary of State for Economic Affairs from 1991 to 1992. From 1992 to 1993 he served 
as the Deputy Chief of Staff at the White House and after served as the Executive Vice President of Fannie 
Mae, a housing finance investor in the U.S. He then served as President of the Center for Strategic and 
International Studies (CSIS), which he left to join Mr. Bush’s presidential campaign and has been working at 
the campaign headquarters as an advisor on international economic affairs. 

3. Mr. Zoellick, who played major roles in negotiations for the German unification and for NAFTA, carries 
extensive experience and vision in foreign policy and economics. He is also a close associate of former 
Secretary of State, James A. Baker III, who oversaw Mr. Bush’s Florida vote recount efforts. Mr. Zoellick 
accompanied President George Bush during his visit to Korea, while he served as the Under Secretary for 
State for Economic Affairs in January 1992, and was the head representative for the US side at the 10th 
Korea-US Economic Cooperation meeting held in Washington in February 1992. He also met the Vice 
Minister of Foreign Affairs and Trade of Korea when he visited Korea in April 2000.


                                                           Spokesperson of MOFAT

* unofficial translation