E-Commerce in South Korean FTAs: Policy Priorities and Provisional Inconsistencies

2019 ◽  
Vol 18 (S1) ◽  
pp. S85-S98 ◽  
Author(s):  
EVAN Y. KIM
Keyword(s):  
Free Trade ◽  
Consumer Protection ◽  
Data Protection ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Relevant Issue ◽  
Electronic Signatures ◽  
South Korean ◽  
Wide Range ◽  
Bilateral Negotiations

AbstractThe e-commerce chapters in South Korea's Free Trade Agreements (FTAs) cover a wide range of issues, ranging from non-discrimination to electronic signatures. Across the agreements, the country's provisions on consumer protection, paperless trading, and data protection are uniquely consistent, while those on other issues are not. With the aid of a framework (Framer v. Follower) that captures the dynamics of bilateral negotiations, this paper argues that in Korea's case, the more consistent a particular set of provisions is portfolio-wide, the more likely it was for Korea to have prioritized the relevant issue and actively pushed its preferred terms in the FTAs.

Merger will strengthen Japan's shipping sector

2016 ◽  
Keyword(s):  
East Asia ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Global Market ◽  
Shipping Industry ◽  
Content Type ◽  
International Shipping ◽  
South Korean ◽  
Retail Prices

Subject Developments in the Japanese shipping industry and the international shipping market. Significance Three of Japan’s largest shipping lines -- Nippon Yusen Kaisha, Mitsui OSK and Kawasaki Kisen Kaisha -- plan to consolidate their operations in July 2017 to save an estimated 1 billion dollars per year. The three lines combined will control an estimated 7% of the global market, and expand their share of the increasingly critical trans-Pacific market, which has realigned significantly in response to the bankruptcy of South Korean shipping firm Hanjin in August. Impacts This major consolidation may prompt other carriers in other states to follow suit. Powerful new opposition to free trade agreements in major economies will lead to previously unexpected trade contractions. Retail prices for goods imported from East Asia will likely rise.

Seoul’s new foreign minister faces manifold challenges

2021 ◽  
Keyword(s):  
National Security ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Foreign Minister ◽  
Trade Agreements ◽  
Content Type ◽  
South Korean ◽  
Global Status

Significance Her successor is Chung Eui-yong, President Moon Jae-in’s former national security advisor. At his swearing-in yesterday, Chung called peace with Pyongyang “a must-go path”. At his confirmation hearing on February 5, he insisted that Kim Jong-un “still has the intention to denuclearise”. Moon’s term ends in May 2022, giving Chung little time. Impacts The crisis over Iran’s seizure of a South Korean ship looks close to resolution. Chung’s and Moon’s focus on Pyongyang will devour energies that could have been spent on cementing Seoul’s global status. Long an enthusiast for free trade agreements (FTAs), which have bipartisan support, Seoul is readying to join the region’s two mega-FTAs.

scholarly journals Priorities of the Republic of Korea in Integration Projects

2017 ◽  
Vol 10 (4) ◽  
pp. 144-157
Author(s):  
Aleksandr Nikolaevich Fedorovskii
Keyword(s):  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Republic Of Korea ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
South Korean ◽  
The Republic

The article deals with the main purposes, opportunities and risks of the Republic of Korea’s involvement in integration projects. The author stresses the basic principles of South Korean foreign economic strategy, including common views of the different president administrations on key foreign economic priorities, including constant support of business expansion towards the most prominent markets. The analysis focuses also on new methods of support of national business interests: the transition from rigid defense of domestic market to adoption to growing competition at home as far as foreign partners agreed to open their markets to South Korean export. The paper describes role of bilateral Free Trade Agreements (FTA) and regional mega-projects in South Korea’s foreign economic diplomacy. Comparison study of bilateral Free Trade Agreements between the Republic of Korea on the one side, European Union, the USA and China on the other sides. The author characterizes growing role of China and other East Asian countries for South Korean economy the ROK-China Free Trade Agreement, including some obstacles and limitations to upgrade development of bilateral economic exchanges. Special attention paid to positive and negative factors, influenced on economic integrations between China, Japan and the Republic of Korea. The paper describes Seoul’s interests in economic integration projects in East Asia, including involvement in joint economic projects with ASEAN. The author analyses the Republic of Korea’s attitude to regional mega-projects in Asia-Pacific region such as Trans-Pacific Partnership. Finally the article describes modern stage and possible development of Russia-South Korea economic relations and contains forecast of the main trends of the Republic of Korea’s involvement in integration projects in East Asia and in Asia-Pacific region in general.

scholarly journals Integration Projects of Russia and EAEU: Chance for Extension Export?

2020 ◽  
Vol 13 (3) ◽  
pp. 156-175
Author(s):  
V. P. Obolenskiy
Keyword(s):  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Global Market ◽  
Integration Policy ◽  
Foreign Markets ◽  
Wide Range ◽  
Current Century ◽  
Asean Countries ◽  
Cis Countries

The article deals with the possibilities of improving the access of Russian goods to foreign markets through regional trade agreements. Participation in such agreements has acquired mass character in the current century, within their framework about two thirds of transboundary commodity flows are already moving. The main peculiarity of regionalism development in this century is the pro‑integration character of the concluded agreements, which are not limited to agreements on free trade zones of goods, but cover a wide range of issues of trade in services, investment cooperation, competition, environment, labor standards, i.e. they envisage a movement towards greater institutional homogeneity of economies. Until recently, Russia was limited to the tasks of preserving and developing economic ties in the post‑Soviet space, and only after the establishment of the Eurasian Economic Union did it start showing interest in signing free trade agreements with non-CIS countries. To date, the EAEU has concluded free trade agreements with a number of countries and is negotiating a FTA with several more countries. The EAEU integration policy has not yet brought any noticeable results in terms of a significant reduction of tariff barriers into total foreign markets: the current and planned integration projects will allow Russia to enjoy tariff preferences on less than one tenth of the global market. Possible new union agreements on preferential trade with ASEAN countries can only help Russia to expand its scope, while the creation of liberal economic partnerships such as WTO plus is not on the Russian integration agenda. Nor is there any intention to promote the idea of a FTA with Russia’s largest trade partners – the EU and China – in the EAEU. The conclusion is made that it is vital for Russia to address the problem of increasing the competitiveness of manufacturing industries, without which further facilitation of access to foreign markets through free trade agreements may not be possible.

What Explains South Korean Interest in FTA Partners?

Asian Survey ◽  
2016 ◽  
Vol 56 (5) ◽  
pp. 982-1004 ◽  
Author(s):  
Chika Yamamoto Rosenbaum ◽  
Jonathan Krieckhaus
Keyword(s):  
Economic Development ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Democratic Governance ◽  
Market Size ◽  
Geographic Proximity ◽  
South Korean ◽  
China And Japan ◽  
Trade Partners

This study examines why and when South Korea has pursued free trade agreements. Empirical analysis evaluates Korea’s free trade partners based on (1) market size, (2) levels of economic development, (3) geographic proximity, (4) democratic governance, and (5) trade competition with China and Japan.

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