• Title/Summary/Keyword: Korea-EU FTA

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A Study on Korea's Trade Performance in Spain and its Strategies for Entry into Spanish Market (한국의 대(對)스페인 교역성과와 시장진출 전략에 관한 연구)

  • Soo-Suk Sohn
    • Korea Trade Review
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    • v.46 no.1
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    • pp.59-81
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    • 2021
  • This paper aims to analyze Korea's trade and investment performance in Spain and the business environment of Spain, and to find efficient strategies for entering into the Spanish market. This study is organized into five chapters. To begin with, it explains an overview of the Spanish economy and the current status of its major industries. Then, it analyzes Korea's trade and investment performance in Spain, the structure of comparative advantage and the trade trends of major import and export items, since 2011 when the Korea-EU FTA went into effect. Lastly, based on the results of this analysis, Korea's strategies for entering into the Spanish market are derived. The strategies derived from the analysis are as follows: (1) entering startups in the Spanish market through CVC cooperation and participation in large tech forums, (2) linking the Spanish interest in K-Culture to consumer goods exports, (3) promoting cooperation in the IT industry in response to the Spanish government's 'Connected Industry 4.0', (4) building a new Korean-Spanish value chain in response to the mobility revolution, (5) advancing jointly into a third country by combining the strengths of both Korea and Spain, (6) cooperating with the Spanish government to establish a sustainable energy policy, (7) promoting jointly with the Spanish government through smart city strategies and project exchanges, and (8) building a European logistics hub in Spain in preparation for post-Brexit.

Economic Integration and Structural Changes in the International Agro-Food Trade Network (경제통합과 농식품 교역의 국가 간 네트워크 변화)

  • Hyun, Kisoon;Lee, Junyeop
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.1
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    • pp.83-103
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    • 2016
  • This paper examines the characteristics of structural change in the international agro-food trade network with a global trend of the FTA diffusion. By focusing on the centralities and the community structure to identify the agro-food trade network, we use the social network analysis and the trade data contained of 07, 08, 20, and 21 at the 2-digit HS product level among 45 countries over the last 15 years. The main analytical results are as follows: 1) Not only has intra trade network intensified more than inter-regional trade, but also, there is no doubt that inter-regioanl trade by linking has steadily increased. 2) EU countires have the high indices of centrality, which have already been highly integrated. 3) Intraregional agro-food trade network for fresh vegetables and processed food sector in Asia is shown to be strongly integrated. This finding suggests that the processes of economic integration will help strengthen the trade network for agro-food in a culturally homogeneous region. 4) The case of Korea's participation in the RCEP and TPP, Korea's power in the agro-food network tends to be reinforced, especially in the processed food sector. Overall, there is a need for establishment of spatial strategies and policies across the different regions for Mega FTAs.

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인터넷 전문은행의 국내도입에 관한 연구

  • Jang, In-Su;Park, Jin-Seong
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2007.05a
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    • pp.109-125
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    • 2007
  • 정보기술의 발전은 전통적인 개념의 은행산업 구조에도 변화를 주고 있다. 인터넷을 주요 영업채널로 하는 인터넷 전문은행의 출현도 그 중의 한 예이다. 오프라인 지점 없이 은행자체가 온라인에만 존재하는 인터넷 전문은행은 세계적으로 100개 가까이 영업 중에 있으며, 많은 은행들이 도입초기 적자에서 벗어나 최근 몇 년을 기준으로 흑자를 달성하고 있다. 우리나라에서는 여러 가지 이유로 인하여 도입이 유보되고 있지만 지난 2002년에는 SK텔레콤 컨소시엄을 중심으로 V뱅크라는 인터넷 전문은행의 추진이 있었고, 2007년 2월부터 HSBC에서 유사한 형태의 다이렉트뱅킹서비스를 선보이는 등 도입 움직임이 가시화 되고 있다. 지금까지 발표된 연구자료들은 해외사례와 함께 우리나라의 인터넷 전문은행 도입 필요성을 언급하면서 제도개선 측면을 많이 강조하였다. 인터넷 전문은행 도입에 장애가 되는 각종 법규제를 완화하고 활성화를 위한 환경을 조성해야 한다는 주장이나, 아직까지 관련 조치는 이루지지 않고 있다. 이에 본 연구에서는 미국 EU와의 FTA, 자본시장통합법 등 급변하는 금융환경에서 외국의 인터넷 전업은행이 국내에 진출할 경우, 또는 비은행 기관들의 진출에 의한 시장영향 등을 고려하여 현행 제도하에서 국내 환경에 맞는 도입방안을 시장방어적인 측면에서 생각해 보고자 한다.

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Market effects analysis of when lowering the threshold value of construction services under WTO GPA (WTO 정부조달협정 건설서비스 양허하한선 인하시의 건설시장 변화와 대응방안)

  • Moon, Hyuk;Kim, Myeong-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.72-82
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    • 2009
  • Lowering threshold value of construction services is extremely sensitive issue to the small and medium enterprises in construction industry. Because it means opening the construction markets where the small and medium construction companies compete intensely. Nevertheless, it is absent that the analysis on the effect of opening the market lowering threshold value of construction services under Government Procurement Agreements or Free Trade Agreement. This research is to analyze the effects of lowering threshold value of construction service which have been agenda repeatedly in the international agreements such as WTO and FTA. The current threshold value of construction services of Korea under WTO GPA are 5million SDR where the government delivers and 15million SDR where the local government or the public institution deliver. However major parties to an entente such as USA and EU have been demanding to lower threshold value of 15 million SDR where the local government or the public institution deliver to 5million SDR. The analysis figure the effect of this lowering threshold value to be a market reduction by 2trillion Won as '07 fiscal year basis. This market shrinkage will effect to the small and medium construction companies in local considerably.

Opportunities and Challenges for Vietnam in AEC (AEC 출범 이후 베트남 경제의 기회와 도전)

  • Beak, Yong Hun
    • International Area Studies Review
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    • v.21 no.4
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    • pp.101-124
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    • 2017
  • This study is to examine the current situation of the AEC (ASEAN Economic Community) and analyze macroeconomic situation of Vietnam since the launch of AEC. According to recent trade indicators, Vietnam is expected to be more productive in the manufacturing and processing sectors because it is at the heart of the global value chains (GVCs) in electronics, telephones, and textiles and shoes industry. Vietnam has signed or is negotiating free trade agreements with various countries around the world including Korea, Israel, EU and RCEP and so on. Therefore, it is expected that Vietnam's trade dependency and FDI inflows to Vietnam increase more and more. However, the fact that the proportion of exports by foreign-invested companies accounts for about 70% of the total exports implies the uncertainty of Vietnam's economy in the future. Attracting FDI investment can further reduce the competitiveness of domestic companies in Vietnam. Therefore, in order for Vietnam to maintain sustainable development in the future, it is necessary to reform the momentum of foreign-invested enterprises to the development of Vietnamese companies.

Study on Development of Export Packaging for Fresh Melon (신선 멜론의 수출포장개발에 관한 연구)

  • Lee, Myung-Hoon;Jung, Jun-Jae
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.15 no.3
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    • pp.83-91
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    • 2009
  • It is very difficult to export the fresh agricultural products to long distance countries such as USA and EU without any damage. Fresh products exporting would overcome very severe conditions such as hot and cold weather changes, heavy vibrations with rolling and pitching during the target distribution period, therefore, the packaging needs the immobility of products in the container and the keeping its quality by packaging materials or methods under any surrounding environments, especially. The physical strength of outer box should be designated according to its own characteristics for agricultural product packaging. Packaging dimension which would be fit to standard pallet is also very important factor to reduce the distribution cost. There have been many agricultural products researches for export packaging to the USA so far. However they have never got desirable results which enough to apply it in real. The main purpose of this research is to develop optimum compressive strength and optimum dimension of corrugated fiberboard box which would be used to USA export packaging of fresh melon as well as Japan.

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Research Trends and Future Directions for R&D Vitalization of Domestic Dairy Industry (국내 유가공산업의 R&D활성화를 위한 연구 동향과 방향)

  • Yoon, Sung-Sik
    • Journal of Dairy Science and Biotechnology
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    • v.29 no.1
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    • pp.23-31
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    • 2011
  • Domestic dairy industry is now standing at the crossroad for planning next fifty years, mainly because economic and environmental situations surrounding Korean peninsula are fast changing. For the aspects of dairy consumption, fresh milk consumed less, while consumption of the other milk and dairy products is slightly increasing every year. In 2010, it is approximately estimated that 1,939,000 tons of raw milk was used and the supply would be short by about 35,000 tons, based on the amounts in the previous year. Currently, multilateral negotiations against US and EU are underway. When it will be in effect in the future, significant damage would be expected in the dairy and livestock sectors, leading to cut domestic milk supply. Quality of farm-gate milk is graded as 1A on average 90% or more, loaded with very low in microbial and somatic cell counts. Therefore, policy implications have to be placed toward switch currently the UHT processing method to Pasteurization or the LTLT technology, by which natural flavors and nutrients in milk mostly remain after heat treatment. Domestic cheese products comprise only 10% and the rest is occupied by the various kinds of imported natural products. The market size keeps increasing up to 65,423,000 tons last year. When it comes to vitalization of our natural cheese industry, cheese whey, which is a main by-product in cheese manufacture, is a critical issue to be solved and also "On-Farm Processing" would be combined with a growth of big dairy companies when few immediate issues among the relevant regulations will be eased and alleviated in the near future. Fermented milk market is recorded as a single area of gradual increase in the past 10 years, Korea. Fermented yogurts with health claims targeted stomach, liver, and intestine are popular and has grown fast in sales amounts. In this context, researches on beneficial probiotic lactic acid bacteria are one of the important projects for domestic milk and dairy industries. Labelling regulations on efficacy or health-promoting effects of functional dairy products, which is the most important issue facing domestic dairy processors, should be urgently examined toward commercial expression of the functionality by lawful means. Colostrum, a nutrition-rich yellowish fluid, is roaded with immune, growth and tissue repair factors. Bovine colostrum, a raw material for immune milk preparations and infant formula, can be used to treat or prevent infections of the gastrointestinal tract. Nanotechnology can be applied to develop new milk and dairy products such as micro-encapsulated lactase milk for consumers suffering lactose intolerance. Raw milk is suggested to be managed by its usage in the processing line because imbalance of supply and demand is structural problem in every country and thus the usage systems as in the advanced dairy countries is worth of bench-marking to stabilize milk supply and demand. Raw milk produced is desirable to divide into the three parts; domestic, import, and buffering purposes. It is strongly recommended that a domestic dairy control center as an institutional framework should be urgently established as is Dairy Board in New Zealand and Australia. Lastly, government policy should be directed to foster the highly-educated people who are majoring in Dairy Sciences or working in the dairy industry by means of financial support in studying and training abroad as well.

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