[한국경제] 한국과 칠레의 FTA평가(영문)

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[한국경제] 한국과 칠레의 FTA평가(영문)에 대한 자료입니다.
목차
1. Abstract
A. Korean Economy
B. Chilean Economy
2. Process for the Korea-Chile FTA
3. Impact on Trade
4. Theoretical Aspects of FTA and its Effects
5. FTA Effects on Agriculture
A. Agricultural Sector
B. Grape Industry
C. Possible Solutions
6. Conclusion
Works Cited
본문내용
1. Abstract
On October 24, 2002, Korea concluded its first Free Trade Agreement (FTA) with Chile amidst delicate international and domestic circumstances. The first FTA between Asia and America allows Chile to strengthen its transoceanic platform proposal, either for services and exchange of goods (Government of Chile, 2004). It has been four years since the Korea-Chile FTA has been in effect. Therefore, it seems essential to review the results of Korea-Chile FTA and to analyze the impact of the negotiation to discuss dilemmas and challenges of the Korean grape economy after the FTA with Chile in preparing for future trade agreements.

A. Korean Economy
The Korean economy is the third largest in Asia and the 12th largest in the world in terms of nominal GDP. Asia-Pacific countries account for half of the total global trade ($8 trillion). The Korean economy is heavily dependent on exports. Seventy percent of the economy relies on international trade. Korea has the possibility to be a primary beneficiary of economic growth from liberalization of its economy. Main exports to Chile are automobiles and electronic appliances. Chile’s main export to South Korea includes copper. “With the passage of the Korea-Chile FTA treaty, our country has gained a new opportunity to take part in the competitiveness of the global age,” said Roh Moo Hyun (International Herald Tribune 2004). "Korea has no time to take a wait-and-see stance in the global FTA race as the importance of FTAs becomes larger," said Chung Hae-kwan, of the Ministry of Foreign Affairs and Trade. He added that, "against this backdrop, the pursuit of FTAs is not a matter of choice for Korea, but rather a necessity for future economic growth" (East Asian Review 2003).

B. Chilean Economy
Chile was the first Latin American country to approve the South Korean government in 1949. Diplomatic ties were made in 1962. It has been more than 40 years. Imports and exports account for over 50% of the country’s GDP. The Chilean economy has a relatively open economy toward market liberalization. Chile had free-market policies in place a decade before the rest of Latin America. It is the world’s leading copper and iodine producer and growing source of gold and non-metallic minerals. Its economic size is relatively small and trade between the two countries is only a small percentage of South Korea’s total trade (Kim,S.Y. 2003:18).
2. Process for the Korea-Chile FTA
Before the FTA, South Korea and Mongolia were the only two members of the WTO with no bilateral trade pacts. In 1998, Korea Institute for International Economic Coordination had decided to drive forward FTA to cope with the radical world-wide economy transformation. Chile became the first country with whom Korea had FTA agreeme
참고문헌
Cheong, Inkyo and Kyounghee Lee. “Korea-Chile FTA: Background, Economic Effects and Policy Implications”. Korea Institute for International Economic Policy. 30 December 2000. 3 August 2007. .
Cho ,Myong-haing. “Korea-Chile FTA three Years After: Its Assessment and Perspectives”. 2007.
Choi, Seh-Gyoon. “농업부문 한칠레 FTA 이행 2년의 평가”. 한국농촌경제연구원 선임연구위원.
Choi, Yong-Jin. “FTA 경기농업, 파고 넘는다 세계에서 각광받는 화성포도”. Kyungbi-ilbo. 28 May 2007.
Chung, Hae-kwan. “The Korea-Chile FTA: Significance and Implications”. East Asian Review. 15(1): 71-86. Spring 2003. 3 August 2007.
Government of Chile. Free Trade Agreement Chile-Korea. 2004. available :