Korea's policy on Free trade agreements and its position on an agreement with Japan

Title
Korea's policy on Free trade agreements and its position on an agreement with Japan
Authors
Inkyo Cheong
Keywords
logistics, FTA, japan
Issue Date
2004
Publisher
인하대학교 정석물류통상연구원
Series/Report no.
Journal of international logistics and tradevol.2 no.25-28 pp.
Abstract
The government of Korea considers the promotion of Free Trade Agreements
(FTA)as necessary to develop its economy into an open trading nation. As for the
conuntries with which the Korean government is actively investigating possible
FTAs, there are Japan, Singapore, the Association of South East Asian Nations
(ASEAN,) and Mexico. For the time-being, the FTA with Japan seems to be a
critical one in practicing Korea's FTA policy. Recently, Korean industries show
negative positions against a Korea-Japan FTA, with strong opposition from the
labor union insisting that is is evident that Korea will sustain damages in the short-
rum and the dynamic (long-term) benefits are still ambiguous and uncertain.
Regardless of whether their argument is correct of not, it will be difficult for Korea
to coclude the FTA with Japan unless there is concrete confidence of balanced
economic gains through the FTA between the two countries.
URI
http://dspace.inha.ac.kr/handle/10505/665
Appears in Collections:
연구기관 > 대학부설 연구소 > 정석물류통상연구원 > Journal of international logistics and trade
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