The Korea – US “Free Trade” Agreement is often referred to by this long hand. But the shortened forms that I have seen are KORUS FTA, combining Korea and US with FTA for “free trade” agreement. Or simply KORUS.
But it occurs to me that it could easily be referred to short hand as KAFTA (Korea America “Free Trade” Agreement) and be easily recognized for what it is because that would stay with the convention of the previous trade deal, NAFTA.
Could it be that supporters of the deal don’t want it referred to as KAFTA because that would clearly evoke images of NAFTA which is viewed unfavorably by many? So instead we get the much more unwieldy KORUS FTA or KORUS which many if not most will have no idea what it is?
Well I say two can play at that game. If supporters of the deal believe they get to name the deal favorably, I don’t see why we have to oblige them by using it. I would like to suggest that opponents of the deal start referring to it as KAFTA. Let’s get this thing started, and we can then say you heard it here first. (If someone is already doing this then I appologize, but I haven’t seen it elsewhere yet.)