• Title/Summary/Keyword: Non-Tariff Barriers and Global Value Chain

Search Result 2, Processing Time 0.021 seconds

A Study on the Relationship among Agricultural Exports, Non-Tariff Barriers and Global Value Chain (농업수출과 비관세장벽, 글로벌가치사슬 간 관계에 관한 연구)

  • PARK, Keun-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.75
    • /
    • pp.179-198
    • /
    • 2017
  • Recently, agricultural exports of Korea have steadily increased. But, no progress is being made at the WTO and DDA negotiations, the FTAs have played a leading role in the formulation of the international trade rules, and countries have been cleverly utilizing non-tariff barriers such as SPS and TBT, there is a growing need to respond to non-tariff barriers aggressively. On the other hand, since the FTA has the potential to activate the global value chain, there is a high need for exporting companies in the domestic agricultural sector to understand the structure of the global value chain in agriculture and actively utilize the global value chain. The non-tariff measures of agricultural commodities major trading partners in the field of domestic agricultural exports were mostly comprised of SPS measures and TBT measures. The non-tariff measures corresponding to inputs and production stages of value chain elements (seeds, seedlings) in the value chain were mainly reported in SPS measures. TBT measures are mainly carried out in selective packaging, storage, processing, distribution, and export sales. It is most important for agricultural export companies to know their position on the value chain and information on non-tariff measures of importing countries in order to actively utilize the global value chain. Since there are non-tariff barriers that are difficult to be solved at the individual enterprise level, active government support of the government is not only important but also actively promoting relevant information to farmers and agricultural exporters. In addition, potential export farmers and prospective export companies will be able to identify TBT and SPS and other non-tariff barriers well in advance, and respond to them in advance. Also, through networking with export related organizations and overseas buyers, It is very important that policy support from the perspective of global value chain is linked effectively.

  • PDF

Effects of Technical Barriers to Trade(TBT) and Sanitary and Phytosanitary Standards (SPS) on Korean Exports: Focusing on Global Value Chain (TBT와 SPS가 한국 수출에 미치는 영향: 글로벌 가치사슬을 중심으로)

  • Jihyun Eum
    • Korea Trade Review
    • /
    • v.46 no.6
    • /
    • pp.1-19
    • /
    • 2021
  • This paper examines the impact of sanitary and phytosanitary standards (SPS) and technical barriers to trade (TBT) on Korean exports, taking global value chains (GVC) participation into consideration. Using product-level import data from 2000 to 2014, we find heterogeneous effects of importers' SPS and TBT on Korean exports depending on the degree and position of GVC participation. According to the results, trade restrictive effects of SPS and TBT are smaller for industries that are more deeply involved in GVC. However, trade restrictive effects are greater for industries located at a relatively upstream production stage in GVC.