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자료유형
학술저널
저자정보
저널정보
한국무역연구원 무역연구 무역연구 제10권 제5호
발행연도
2014.1
수록면
919 - 935 (17page)

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Korea and China have been conducting their FTA negotiations and had completedfirst-stage negotiations on the bilateral free trade agreement setting foundations. Both sideswrapped up the first-phase negotiations for the Korea-China FTA by agreeing on themodality. After this first round, they are holding talks for the second-phase negotiations, thisstudy aims to review what has been agreed so far in the first-phase negotiations in order toallow Korea to effectively strategize for the second-phase negotiation, During the first-roundof negotiation, the two countries agreed to abolish tariffs within a certain period of time on90 percent of all products in terms of the number of items, and on 85 percent of imports interms of their monetary value. Tariffs on normal items will be removed immediately or within10 years after the implementation of the FTA, while those for sensitive products will beabolished within 10-20 years after the deal takes effect. Highly sensitive items, which will beexcluded from tariff removal, took up 10 percent of the total in the first-stage talks. Economiccooperation, including government procurement and cooperation in industry and agriculturalsectors, will be included in the second-stage negotiations. Korea needs to prepare some efficient strategies to take advantage of the FTA negotiations. Specific measures on the agriculture and fishery sectors need to be drawn up. Korea needsto protect highly sensitive items in agriculture and fishery sectors in order to minimizenegative economic effects in those areas. Strategies on trade facilitation and service industryneed to be discussed in the bilateral negotiations.

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