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Chevron Applauds U.S.-Korea FTA Agreement

    SAN RAMON, Calif., April 4 /PRNewswire-FirstCall/ -- Chevron
Corporation (NYSE: CVX) today expressed its support for the U.S.-Korea Free
Trade Agreement, commending both negotiating teams for concluding an
agreement that will advance the interests of both countries as well as
enhance global trade, with all the attendant benefits to each country's
companies, workers and consumers.
    Chevron is a founding member of the U.S.-Korea Free Trade Agreement
Coalition and has worked closely with the U.S. negotiating team to ensure
that strong investment protections were maintained. These protections
encourage investments overseas that create opportunities in the United
States and abroad.
    "We congratulate President Bush and President Roh on reaching an
outstanding agreement and we extend our deepest thanks to the negotiators
from both sides. Chevron looks forward to actively working to build public
and Congressional support for this important agreement," said Peter
Robertson, vice chairman, Chevron Corporation.
    Chevron Corporation is one of the world's leading energy companies.
With approximately 56,000 employees, Chevron subsidiaries conduct business
in approximately 180 countries around the world, producing and transporting
crude oil and natural gas, and refining, marketing and distributing fuels
and other energy products. Chevron is based in San Ramon, Calif. More
information on Chevron is available at http://www.chevron.com.


SOURCE Chevron Corporation




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