• Korea Trade Review
• /
• v.45 no.2
• /
• pp.1-16
• /
• 2020

Korea is one of active countries in terms of FTA(Free Trade Agreement) around the globe. Local market is not big enough for Korean companies. This is why Korea is actively participating in FTA with various countries. Individual companies should conform to regulation, policy and system relevant to the agreement. Otherwise, it is not easy for companies to enjoy benefits of FTA. The Korean government is using various FTA programs to support domestic companies, in particular SMEs(Small and Medium-Sized Enterprises). FTA-PASS is a representative program. FTA-PASS is an official program of Korea Customs Service. Korean companies can use the program as free. However, some companies may have difficulties regarding the use of FTA-PASS. The program may cause of compatibility problem related their own ERP(Enterprise Resource Planning) systems. This study is designed to analyze determinants of FTA-PASS and ERP system compatibility. Furthermore this study aims to examine effects of the system compatibility on export performances. This study collected data from Koreas SMEs. In specific, the primary data was based on surveys distributed to 303 SMEs. Based on empirical findings, we could get important determinants to improve compatibility between FTA-PASS and ERP systems. For instance, the government support, product standardization, HS Code clearness and market stability could be considered important determinants. Also, according to empirical findings, a positive relationship between system compatibility an export performance was supported. Analyzing comprehensive determinants of system compatibility can be suggested as an important topic for future research.

• International Commerce and Information Review
• /
• v.15 no.3
• /
• pp.475-498
• /
• 2013

The most fundamental reason why FTA Agreement must be concluded is based on the preferential tariff treatment among country parties. In order to get applied by the preferential tariff treatment under an FTA, the parties need to meet the rules of origin and the criteria stipulated under the FTA simultaneously. In addition, Certificate of Origin(C/O) document is required to claim for the preferential treatment under the FTA Agreement. In South Korea, the electronic Certificate of Origin can be issued by the UNI-PASS and FTA-PASS of the Korea Customs Service. The Web Certification System of the Korea Chamber of Commerce & Industry also is established. But the majority cases of requesting the preferential Certificate of Origin are generally performed by the business partners. The settlement and activation of electronic Certificate of Origin are urgently needed to maximize the effects of FTA, First, this paper examines the application situation of electronic Certificate of Origin throughly. Second, the current circumstances related to electronic Certificate Origin are analyzed in the practical and systematic perspectives. Finally, the improvements for activating electronic Certificate of Origin is suggested.

• The Journal of Fisheries Business Administration
• /
• v.53 no.2
• /
• pp.21-41
• /
• 2022

The effect of change in exchange rates on an economy is very important, especially, to a small open economy like South Korea. I explore whether Free Trade Agreements (FTAs) have positive influences on exchange rate-pass through import price of import market for fishery products in South Korea. Competition among FTA partners is enhanced after FTAs are effective. I expect that the extent to which are exchange rate pass-through (hereafter, ERPT) into import price of fishery products (in terms of Korea currency) would be reduced since the import market for fishery products in South Korea is an oligopolistic market. Specifically, I investigate two research questions with six South Korea's FTA partners-Norway, Thailand, Peru, U.S., China and Vietnam. First, whether the extent to which are exchange rate pass-through into import price of fishery products from six FTA partners would decrase in the post-FTA era; seconds, the size of reduction has a negative relation with the size of their market share in the import market for fishery products in South Korea if it decreases. The empirical results indicate that the degree of ERPT into import price from other FTA partners than Norway has been reduced after FTA, statistically and significantly; however, I do not find the evidence that the size of reduction is related to their market share. The findings in this study imply that FTAs have negative effects on producers' economic welfare in South Korea's fishery industry by reducing the extent to which are exchange rate pass-through as well as reducing tariff barriers.

• Journal of the Korean Society of Systems Engineering
• /
• v.11 no.2
• /
• pp.125-135
• /
• 2015

Various methods have been used for safety and reliability as it becomes more difficult to ensure safety owing to the increasing complexity and scale of systems. This study aims at making it easier and more efficient to discuss risks and countermeasures for completeness, review, and knowledge transfer by improving methods to create fault tree analyses which focus on the GSN [1], which are among the methods used to describe assurance cases. More specifically, the purpose of this study is to incorporate strategy and context, GSN concepts, along with reason, which is a new concept, into FTA; the study focuses on three points. One point is support for the safety designer to draw a mutually exclusive and collectively exhaustive (MECE) FTA. The second is to make it easier to understand diagrams and meanings of FTA compared with the usual methods. The third is to make creating an FTA more efficient and to pass on existing know-how. Eventually, FTA can achieve completeness, review, and knowledge transfer. An introduction is provided in the first section. Next, the methodology covered in this paper is explained in the second section. The third section describes the proposed notation method based on two proposals made in this paper. In the fourth and fifth sections, results and discussion are provided, respectively. Finally, in the sixth section, conclusions are described.

• International Commerce and Information Review
• /
• v.15 no.2
• /
• pp.207-232
• /
• 2013

FTA(Free Trade Agreement) of South Korea and European Union(EU) took effect from July 1, 2011. Korea signed a contract FTA with the European Union by first among Asian country, and Korea EU FTA is evaluated that it is wide, comprehensive and high level FTA. Therefore, Korea EU FTA will become FTA that dimension is high, and FTA fermentation with the European Union may activate the Korean economy through extension of export. By the way, in Korea EU FTA, the stipulations on import and export clearance system is different compared with other FTA. Therefore, exporter and importers should compare thoroughly on essential factor of origin standard and preferential tariff which is set in FTA Agreement. In this study, I analyzed 'conditions of direct transport' that is prescribed in article 13 of Korea EU FTA. Particular, I analyzed recently example of appeal for review that decision is made in the Korea Customs Service(KCS). Laying stress on counter measure of business, conclusion in this study is as following. First, companies must understand correctly a single consignment and a single transport document under Korea EU FTA. Second, companies must not analyze wrong 'conditions of direct transport'. Third, when simplicity transshipment or temporary custody is consisted, companies must secure documentary evidence as soon as possible. Fourth, in case goods pass third country, companies must understand uprightly 'a single consignment'. Finally, companies should keep in mind to truth that European Union and EFTA are different FTA.

• International Commerce and Information Review
• /
• v.13 no.4
• /
• pp.351-373
• /
• 2011

Certificates of Origin(C/O) are necessary to gain benefits from preferential tariff treatment under the Free Trade Agreement(FTA). The C/O can be issued by issuing authorities or by exporters themselves. Recently, due to signed FTA such as Korean-EU FTA, issuance of self-declared C/O by exporters is increasing. In order to be qualified to issue self -declared C/O, exporters are required to acquire Approved Exporter status. An Approved Exporter is only required to present an invoice to substitute the certificate. The invoice contains an Approved Exporter number and a declaration that states the goods comply with the origin requirements. Either certification or notarization is not necessary. In result, the exporters are responsible for application of a preferential tariff under the self-declared C/O which issued incorrectly, even if it is not intentional. Therefore, in this paper, we studied authorization for Approved Exporter status and the practical use of its status. If companies obtain more Approved Exporter status, the effects of FTA would be maximized due to application of a preferential tariff under the C/O.

• Journal of The Korean Society of Grassland and Forage Science
• /
• v.27 no.1
• /
• pp.67-76
• /
• 2007

The conclusion of free Trade Agreement between South Korea and USA can become a serious threat to the Korean agriculture. On the strategic scheme the foodstuffs is the basis for protection of the state sovereignty. The Amur oblast of Russian Federation is region, which can supply South Korea cheap and good qualitative feeds. It means South Korea should create agricultural cooperation with the Amur oblast of Russian Federation with the purpose to begin organic agriculture in this area and it will help South Korea to counteract a quantitative attack on Korea from the side of american agricultural production. In the Amur oblast there are following fodder crops; Alfalfa, Smooth brome grass (gromus adonis L.), Siberian couch grass, Sudan pass, Colza rape (Brassica napus) and Amaranth (Avfranthus). In the same area also exist oatmeal, wheat, corn and barley, which is possible to use for feeds. All these above written cultures are cultivated organically, therefore it is possible to use them as organic forages in South Korea. It is very important to know system of crop rotation in the Amur oblast. There is a scheme of crop rotation, which is connected with increase and preservation of fertility of soil, maintenance of growth of productivity of agricultural cultures and reception of high-quality production. It is necessary to begin organic agriculture in a southern part of Amur oblast, where, in 2001 year, 97% of all sowing areas was concentrated. The acidity degree of soil in this part is not high ($ph5.1{\sim}5.5$), therefore does not require liming.