• Title/Summary/Keyword: Additional FTA effect

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Analysis of Korea-Canada FTA's export effect (한-캐나다 FTA 수출효과 분석)

  • Kyung-Yun Yeom;Ki-Baeg Park
    • Korea Trade Review
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    • v.45 no.4
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    • pp.1-24
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    • 2020
  • This study aims to analyze the export effects of Korea-Canada FTA's tariff reduction, which was launched on January 1, 2015. First, as a groundwork, this study reviewed trade creation and trade diversion by investigating all possible cases of both initial FTA and additional FTA. The review was done by using the simple model of three countries assuming FTA means elimination of tariff. The review suggested that additional FTA doesn't have any negative impact on import country's social welfare contrary to initial FTA. In additional FTA, Trade diversion could happen between FTA partner countries, but it always increases import country's social welfare. In this sense, it can be called favorable trade diversion. Second, this study analyzed the export effects of Korea-Canada FTA using Clausing's product level model based on Canadian government import data from Korea which is not open to the public. It turned out that Korea-Canada FTA's tariff reduction boosted Canadian import growth rate from Korea. On the other hand, Canadian import growth rate from rest of the world was not negatively affected by Korea-Canada FTA's tariff reduction. Rather, it increased as Canadian import growth rate from Korea was higher. These findings implied trade creation rather than trade diversion of Korea-Canada FTA when it comes to Korea's export to Canada.

How to cope with the Spaghetti Trap of multiple FTAs effectively (다양한 형태의 FTA 체결에 따른 Spaghetti Trap에 대한 효율적 대응방안)

  • Choi, Chang-Hwan
    • International Commerce and Information Review
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    • v.12 no.4
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    • pp.509-535
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    • 2010
  • This paper examines the Spaghetti bowl effect that different tariffs and rules of origin in multiple FTAs have resulted in increasing the significantly additional burden for business when it comes to apply for the use of FTA preference. The wide spread of FTAs in the several years, from 2003 to 2010, has been the most important trade policy development in economically important Korea. Korea presently has 5 FTAs in effect, and made 3 additional agreements which will be expected to take effect in next year. With the study result and expecting a growing number of FTAs in Korea in a next decade, the international trading firms will face rise of transaction costs for enterprises, particularly small- and medium-sized enterprises(SMEs) to cope with multiple tariffs and rule of origins in FTAs. To help mitigate negative effects and facilitate a more SEMs to use the FTA preference, providing new computer programs system, increasing the awareness of FTA provisions, improving business participation in FTA consultations, and SME support in light of education, and financial support are needed.

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A Study on FTA Issues and Countermeasures in Electronic Commerce (전자상거래관련 자유무역협정 추진과제와 대응)

  • Kwon, Oh-Sung
    • International Commerce and Information Review
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    • v.6 no.1
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    • pp.267-284
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    • 2004
  • The expansion of regionalism has resulted in the creation of blocs of the world economy, so that those countries not belonging to one or more blocs can discriminated. Though recently singed on the bill of FTA with Chile, Korea is actually alienated from major stream of the blocs. Therefore, Korea government makes efforts to contract more FTAs with countries such as Singapore and Japan. FTA is believed to be an important method to secure export and national competitiveness in the long term. Therefore, we need to exactly understand critical issues and the long-run effect of FTA. The paper tries to find out important issues and potential strategies relating to electronic commerce in Korea-Singapore and Korea-Japan FTA. According to the historical facts, economic effect of FTA depends a lot on the contents of the agreement. Therefore, additional intensive studies are required before contracting FTA in the future.

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Non-Tariff Trade Policy in the Context of Deep Trade Integration: An Ex-Post Gravity Model Application to the EU-South Korea Agreement

  • Grubler, Julia;Reiter, Oliver
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.33-71
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    • 2021
  • Many different approaches and databases have been developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). This paper is devoted to the EU-South Korea agreement, which is the first 'second-generation' FTA of the EU, addressing a wide array of non-tariff policies. We review the evolution of NTM types applicable to the EU-South Korea trade relationship and the role of NTMs in ex-ante and ex-post analyses of the agreement. Subsequently a structural gravity model is employed to assess the value added of information on different aspects of FTAs and types of NTMs by evaluating their ability to predict the trade effects of the EU-South Korea FTA. Our results show that, when accounting for information on the components common in modern deep trade agreements, no additional trade effect is attributable to the EU-South Korea FTA. The evolution of NTMs differs considerably across indicators used, but trade predictions are hardly affected. Most specifications point towards a negative effect of bilateral differences in the number of technical barriers to trade (TBT) applied and sanitary and phytosanitary measures (SPS) against which trading partners issued complaints at the WTO.

The International Arbitration System for the Settlement of Investor-State Disputes in the FTA (FTA(자유무역협정)에서 투자자 대 국가간 분쟁해결을 위한 국제중재제도)

  • Lee, Kang-Bin
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.38
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    • pp.181-226
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    • 2008
  • The purpose of this paper is to describe the settling procedures of the investor-state disputes in the FTA Investment Chapter, and to research on the international arbitration system for the settlement of the investor-state disputes under the ICSID Convention and UNCITRAL Arbitration Rules. The UNCTAD reports that the cumulative number of arbitration cases for the investor-state dispute settlement is 290 cases by March 2008. 182 cases of them have been brought before the ICSID, and 80 cases of them have been submitted under the UNCITRAL Arbitration Rules. The ICSID reports that the cumulative 263 cases of investor-state dispute settlement have been brought before the ICSID by March 2008. 136 cases of them have been concluded, but 127 cases of them have been pending up to now. The Chapter 11 Section B of the Korea-U.S. FTA provides for the Investor_State Dispute Settlement. Under the provisions of Section B, the claimant may submit to arbitration a claim that the respondent has breached and obligation under Section A, an investment authorization or an investment agreement and that the claimant has incurred loss or damage by reason of that breach. Provided that six months have elapsed since the events giving rise to the claim, a claimant may submit a claim referred to under the ICSID Convention and the ICSID Rules of Procedure for Arbitration Proceedings; under the ICSID Additional Facility Rules; or under the UNCITRAL Arbitration Rules. The ICSID Convention provides for the jurisdiction of the ICSID(Chapter 2), arbitration(Chapter 3), and replacement and disqualification of arbitrators(Chapter 5) as follows. The jurisdiction of the ICSID shall extend to any legal dispute arising directly out of an investment, between a Contracting State and a national of another Contracting State, which the parties to the dispute consent in writing to submit to the ICSID. Any Contracting State or any national of a Contracting State wishing to institute arbitration proceedings shall address a request to that effect in writing to the Secretary General who shall send a copy of the request to the other party. The tribunal shall consist of a sole arbitrator or any uneven number of arbitrators appointed as the parties shall agree. The tribunal shall be the judge of its own competence. The tribunal shall decide a dispute in accordance with such rules of law as may be agreed by the parties. Any arbitration proceeding shall be conducted in accordance with the provisions of the Convention Section 3 and in accordance with the Arbitration Rules in effect on the date on which the parties consented to arbitration. The award of the tribunal shall be in writing and shall be signed by members of the tribunal who voted for it. The award shall deal with every question submitted to the tribunal, and shall state the reason upon which it is based. Either party may request annulment of the award by an application in writing addressed to the Secretary General on one or more of the grounds under Article 52 of the ICSID Convention. The award shall be binding on the parties and shall not be subject to any appeal or to any other remedy except those provided for in this Convention. Each Contracting State shall recognize an award rendered pursuant to this convention as binding and enforce the pecuniary obligations imposed by that award within its territories as if it were a final judgment of a court in that State. In conclusion, there may be some issues on the international arbitration for the settlement of the investor-state disputes: for example, abuse of litigation, lack of an appeals process, and problem of transparency. Therefore, there have been active discussions to address such issues by the ICSID and UNCITRAL up to now.

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Effect of Growth and Yield Potential on the Level of Additional Manure of the Leaf of Perilla Organic Cultivation (잎들깨 유기재배 추비수준별 생육 및 수량성)

  • Kim, Yong-Soon;Lim, Keong-Ho;Seo, Yung-Won;Yang, Seung-Koo;Kim, Sun-Guk;Kim, Hong-Jae
    • Proceedings of the Korean Society of Organic Agriculture Conference
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    • 2009.12a
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    • pp.288-288
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    • 2009
  • WTO가 진행되고 한미 FTA 협상타결로 농업농촌이 어려움을 격고 있으며 EU, 중국, 인도 등과의 FTA 협상도 검토되고 있다. 또한 소득수준 향상으로 소비자들이 웰빙 건강식품에 대한 관심이 고조되면서 이제는 농산물의 안전성과 기능성, 맛 등이 우수한 고품질 안전농산물 생산이 농업의 핵심과제로 대두되고 있다. 이와 같이 급변하는 농업여건에 대응해 나가기 위해서는 농업정책의 최우선과제인 친환경농업에 적극 동참하여 안전하고 우수한 농산물을 생산해야 할 것이다. 잎들깨의 재배에 있어 주생산 요소의 한 가지는 영양생장을 잘 조절해야 하고 기비보다는 추비에 보다 많은 기술이 요구되고 있다. 이에 본 연구의 목적은 잎들깨 추비시용에 있어 화학비료를 대체 유기질 비료를 이용하여 추비수준별 생육 및 수량성을 구명 하는데 있다. 재배방법은 재식거리는 10 cm${\times}$7cm(137,500주/10a) 로 하였으며 기비는 유기질비료(N-P-K=3.2:4.2:1.1)를 N량 기준으로 5.2kg/10a 을 시용하였다. 추비시용 처리는 10a당 N 0kg, N1.2kg, N1.5kg, N 1.8kg 등 4처리를 두었으며, 추비는 유기질 비료 (N-P-K=4.0-2.0-1.5)를 N 기준으로 생육에 따라 매회 수확 후에 시용 하였으며, 시용 방법에 있어 관수는 1 회 급여시 유기질 비료를 10a당 물 5톤에 희석하여 총 5회를 주었으며 관수방법은 점적호스를 이용하여 저면 관수 하였다. 재배기간 중 10a당 T-N 시용량은 N 0kg 재배는 5.2kg, N 1.2kg 재배는 11.2kg, N 1.5kg재배는 12.7kg, N 1.8kg재배는 14.2kg을 시용하였다. 재배 후 처리별 N 흡수량은 N 1.8kg구 33.1kg, N 1.5kg구 30.0kg, N 1.2kg구 25.7kg, N 0kg구 18.1kg순으로 나타났다. 생육은 초장, 경경, 엽장, 엽폭, 엽중은 추비 시용량이 높을수록 향상되었고, 마디수 발생은 추비 수준 간 변동이 없었다. 병해충 발생정도는 병은 시들음병, 역병, 노균병 순으로 발생하였고, 충은 잎말이나방, 잿빛곰팡이, 진딧물 순으로 발생되었다. 수량성은 N 1.5kg 재배구가 N 1.2kg 대비 115%, N 0kg 대비 169%를 수확하여 타 처리에 비해 비교적 높게 나타났다.

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A Study on the Method to Improve Manufacturing Process Using Motion Analysis Solution (동작분석 솔루션을 활용한 제조공정개선 방법연구)

  • Kim, Hyun-Jong;Yoo, Jae-Gun;Hong, Jung-Wan
    • Journal of the Korea Convergence Society
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    • v.9 no.6
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    • pp.69-75
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    • 2018
  • Efficiency of Process in manufacturing industry is a critical factor to connect directly to competitiveness of product. In particular, due to FTAs with various worlds around the world, the domestic and overseas manufacturing industries are facing intense competitions, and it requires elaborate task management system for shortening production time. This study aims at seeking how to raise efficiency of manufacturing process, using motion analysis solution. When improving the process of manufacturing after verifying optimization using motion analysis solution, it can save costs for additional process, modification, or supplement. It can also deduce practical effect to improve productivity of companies. It is expected that the study will contribute to improve wastes in the work field and task assignment efficiency, to shorten time replacing equipment, to measure standard time, and to standardize task system.

Effect of Silicate on Bokto Direct Seeding Technology in Rice (규산질비료 이용 벼 복토직파기술개선 연구)

  • Park, Kwang-Ho;Kang, Yun-Kyu;Ahn, Duck-Hyun
    • Journal of Practical Agriculture & Fisheries Research
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    • v.7 no.1
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    • pp.35-46
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    • 2005
  • This research was conducted to improve and establish Bokto direct seeding technology use of silicate in rice. Bokto direct seeding technology has recently released to alternative new method for transplanting method of the rice plant. In recent rice production has serious problem due to higher cost and labor shortage in Korea. In particular rice has been faced on open market to internationally due to WTO, FTA agreement etc. Thus rice growers in Korea have been more concentrated on cost reduction using by direct seeding technology such as dry seeding and water seeding while those methods have severe constraints like poor seedling, more weed occurrence, lodging and poor grain quality. In recent a new technology for improvement of these problem has released to farmer's field and proven to alternative rice growing technology of transplanting. In this technology there was additional application of silicate which has known as soil improvement and this research was obtained in the following results. At the application of silicate, sand, and soil there was high in seedling establishment by 90~100% in pot experiment but there was 55.0% seedling stand of the untreated control. Under dry condition seedling stand was 0% at the untreated control while 65~100% high in application of silicate, sand, and soil. Meanwhile, under rainy condition untreated control there was 85% of seedling stand but soil application was 20% of seedling establishment due to blocking of oxygen and physical soil blockage.