• Title/Summary/Keyword: trade agreement

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A Study on the differences of Arbitration System and Customs of Major Countries in Korea-ASEAN FTA (한·아세안 FTA 주요국 통관 및 중재제도 비교연구)

  • Kim, Sung-Ryong
    • Journal of Arbitration Studies
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    • v.29 no.4
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    • pp.141-164
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    • 2019
  • The purpose of this paper is to examine the customs clearance and arbitration systems of Vietnam, Indonesia, and Thailand, from among ASEAN countries, and to present the practical implications. This paper analyzes the customs and arbitration systems through a literature review by collecting data from papers, research reports, and laws and regulations related to Vietnam, Indonesia, and Thailand. There are significant differences between these countries in relation to customs and payment of customs duties. Also, they have different procedures for the appointment of arbitrators if there is no agreement by the parties as to the number of arbitrators. Therefore, a comparison of the arbitration system and customs clearance procedures in ASEAN countries is timely and necessary, and there is a need for more research to be conducted in the future.

An Effect of Orange Import on Domestic Fruits and Vegetables Price in Korea (오렌지 수입이 국내산 과일 및 과채 가격에 미친 영향)

  • Cho, Jae-Hwan
    • Korean Journal of Organic Agriculture
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    • v.23 no.4
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    • pp.703-713
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    • 2015
  • A Linear Approximated Inverse Almost Ideal Demand System, suggested by Eales and Unnevehr, is estimated with monthly data set of Korean fruits consumption. LA/IAIDS consists of 6 demand equations which correspond to domestically produced Hanrabong, overwintering mandarin, strawberry, melon and tomato with imported orange. The results indicate that price and scale flexibilities are negative, as expected. And the significance is that a 10% increase in imported orange quantity is associated with 5.5% declines in the price of Korean Hanrabong while the price of other fruits is minimally affected. In addition, the estimate of scale flexibility of Hanrabong (-2.96) is much smaller than any other fruit. Hanrabong farmer might be in the face of deficit operation as a consequence of the substitution effect if orange would be imported in accordance with the Korea-U.S. free trade agreement.

Plant biotech research and development for agribusiness in Jeju

  • Song, Pill-Soon
    • Proceedings of the Korean Society of Plant Biotechnology Conference
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    • 2005.11a
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    • pp.84-87
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    • 2005
  • The citrus industry represents a major sector of agribusiness in Jeju successfully nurtured by the local governmental farm bureaus for the past three decades. However, in the face of increasing imports effected under the international free trade agreement, the continuous economic viability of the island’s citrus industry is no longer assured. Thus, it entails exploration and development of new agribusiness potentials that are supplemental and/or alternative to the citrus industry. In this presentation, I will discuss two projects of such potentials. (i) Under the tripartite collaboration among Kumho Life and Environmental Science Laboratory, Cheju National University and South Jeju County, genetically engineered turfgrass cultivars possessing both herbicide- and shade-tolerances (gene pyramiding) are currently at final phase of phenotype evaluations and environmental safety assessments. (ii) Fig fruits with longer shelf-life are being developed with support from Jeju HiTech Industrial Development Institute (HiDI) and at its initial phase of development.

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A study on the Arbitration system in the CIETAC and the International Arbitration problems of Korea and China (중국(中國) CIETAC의 중재제도(仲裁制度)와 한중양국(韓中兩國)의 주요중재문제(主要仲裁問題))

  • Kim, Deok-Su;Ju, Geon-Rim
    • Journal of Arbitration Studies
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    • v.8 no.1
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    • pp.87-122
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    • 1998
  • This study reports on the Arbitration system in the China International Economic and Trade Arbitration commission (CIETAC) and the International Arbitration problems of Korea and China. The Chines laws including Arbitration laws are influenced by the civil Code system Particulary the German system. China is contracting state of the U N Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958 New York Convention), which became effective in the China April 22, 1987. International Commercial Arbitration is popular in China. CIETAC is the sole International Commercial Arbitration body in China. CIETAC has two sub-commissions, on is shen zhem S E Z and the other in shanghai. The CIETAC rules, are similar to the rules in effect in Countries using a civil Code system. Both an agreement to submit an existing dispute to Arbitration and an Arbitration clause in a contract relating to future disputes are recognizeal as valiad Arbitration agreements. CIETAC has the power to make a decision on disputes concering the validity of the Arbitration agreements, or jurisdiction over a specicific case.

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A Study on Legal Characteristics of the Offer on the Web Sites (웹사이트상의 청약(請約)의 법적(法的) 성질(性質)에 관한 고찰(考察))

  • Park, Sung-Cheul
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.13
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    • pp.27-42
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    • 2000
  • This study deals with more practical problems in Internet Trade. I considered the forms and contents of the offers on the current domestic and foreign web sites and clarified the legal characteristics of the web sites. As I pointed out, there are some problems of the offers of current web sites. So I suggested the alternatives. I have the view that the offers of current web sites titled by a host are not the firm offers but the invitation to offers. So, to make an enforceable agreement between parties, the host has to confirm the order. From the point of this view, it is reasonable to call the current offer on the web site the sub-con offer.

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Comparative Advantage of the United States and South Korean Manmade Textile Industries

  • Shin, Eonyou;Keenan, Caitlyn;Karpova, Elena
    • Fashion, Industry and Education
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    • v.14 no.1
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    • pp.1-9
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    • 2016
  • This study examined the comparative advantage of manmade textile (MMT) industries in the United States (US) and South Korea (SK). The Revealed Comparative Advantage (RCA) framework was used to assess the MMT industries' performance in both countries from 2004 to 2013. With the recent ratification of the United States-South Korea Free Trade Agreement (KORUS FTA), it is important to understand the current state of these industries. Using UN Comtrade export data, the RCA index values were calculated and analyzed for 27 MMT commodities, three aggregate groups, and the whole industry. It was found that SK had a consistent comparative advantage for the whole industry. Furthermore, SK had a larger number of products with a comparative advantage. The research findings indicate that the MMT industry in SK is likely to outperform the US following the complete ratification of the KORUS FTA.

A Study on the Rules of Origin of Outward Processing and Its Implication - focused on the EU CCC and Origin Protocol - (EU 역외가공규정의 주요 내용과 한-EU FTA에 대한 시사점 - EU CCC and Origin Protocol 역외가공규정을 중심으로 -)

  • Ahn, Jae-Jin
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.205-230
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    • 2007
  • In modern manufacturing practice it is sometimes necessary to send products to another country for special processing which cannot be performed inside the territory of the zone and Outward Processing(OP) covers such situation. What's more, process and Rules of Origin(RoO) of OP is implicated in Korea' Free Trade Agreement(Korea-Singapore, Korea-EFTA and Korea-Asean FTA) because of the goods to be producted in Kaesong Industrial Complex. Thus, In this paper analyse a implication of OP's process and RoO focused on the two fold : (1) provide an overview of the objectives, types, effects of Outward Processing described in customs law and FTA provisions of EU and Korea; (2) present a comparative analysis of EU and Korean rules; (3) offer an appropriate proposal to Korea-EU FTA negotiation.

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US/European Shipping Regulatory Development and Its Impact on Liner Shipping Industry (미국과 유럽의 해운산업 규제완화와 그 영향)

  • Yang, Jung-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.28
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    • pp.39-61
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    • 2005
  • Historically shipping conference has enjoyed antitrust immunity in consideration of the importance of liner service in international trade in that it is essential to ensure stable movement of international freight. However, shipping deregulation which has been carried out for last decades in the US and EU has caused significant changes to the liner shipping market. In fact, most of shipping conferences have broken up or transformed as discussion agreement since shipping regulatory reform. However, on the other hands, it is also true that it has contributed to developmore efficient and responsive negotiating process that are better tailored to the needs of individual shippers.

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Effects of VGT on Part Load Performance of Diesel Engine (VGT가 디젤엔진의 부분부하 성능에 미치는 영향)

  • Choi, Kwon Sick;Song, Seung Jin
    • 유체기계공업학회:학술대회논문집
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    • 2004.12a
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    • pp.680-686
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    • 2004
  • Recently, the application of variable geometry turbocharger (VGT) to the high speed direct injection (HSDI) diesel engine has gained more and more interest in automotive industry. A steady state experimental investigation has been undertaken on a 1.5L HSDI diesel engine to verify the benefits of VGT comparing to the standard engine having a waste gate turbocharger (WGT). Specifically, part load performances (e.g., fuel economy and emission) have been investigated under various vane angles of the VGT. The results show that the real exhaust gas recirculation (EGR) rate as well as the pumping loss is very important to improve break specific fuel consumption (BSFC). It was previously known that the pumping loss only is a main parameter. In addition, the trade-off relationship between BSFC and NOx according to boost pressure, and the decreasing tendency of NOx with increasing real EGR rate have been verified. 1-D numerical analysis also has been performed, and the numerical results are in good agreement with experimental results.

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Look to limit problems to use insulation material in Korea (국내 단열재 사용상의 문제점 고찰)

  • Yoon, Kwan-Sun;Choi, Keun-Young
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.1139-1146
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    • 2008
  • Due to the construction technique (or the construction culture) growth in and out of Korea, newly-developed insulation have been continuously released. Furthermore, all legislation and regulation that World follows are gradually becoming unified. (e.g. FTA(Free Trade Agreement) with the United States was contracted, and inevitable FTA contraction with EU and China). In addition, insulation type, with the purpose are becoming unified. Accordingly, KS F 2803 legislated in 1966 about the Domestic Insulation Standard including traditionally used insulation(Rockwool, Fiberglass, Polystrene, Polyurethan, Perlite) has to be amended by considering International Standard and the alternatives. This reference is going to make description for solution of contradiction.

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