exchange. Since then, almost 5 years have been spent on studies and consultations until October 2003, when the Japanese Prime Minister Koizumi and Korean President Roh Moo-Hyun, agreed to start official negotiations, aiming to sign the FTA by the end of 2005. In December 2003 South Korea and Japan convened their first formal governmental-level talks on signing FTA in Seoul touching the issues of
exchanging pleasantries, discussing travel and other such seeming trivia. It is important not to show impatience or irritation at this stage. Rather view the meeting for what it is - the essential first steps in creating a, hopefully, rewarding and long-term business relationship.
The Koreans also employ a process of consensus decision-making in certain situations. This system ensures that the
exchange of goods and services between parts of that country. For example, there are usually no trade tariffs or import quotas; there are usually no delays as goods pass from one part of the country to another (other than those that distance imposes); there are usually no differences of taxation and regulation. Between countries, on the other hand many of these barriers which ease exchange of goo
1. Introduction
These days, we can see easily some gathered people on TV who demonstrate against KOREA-U.S. FTA (KORUS FTA) on the street around Seoul City Hall and hold candles on their hands, which is a kind of demonstration parade in the Republic of Korea. Even though a lot of people in Korea raised objection to FTA, KORUS FTA which made a lot of issues was ratified in the National Assembly
[Partnership Relations within 19Years]
Three Stages in these Comprehensive Relations:
Developing good relations
Both countries are significant regional power,
and shares the common peaceful co-existence
[Prospects of Two Countries Relationship]
- POLITICALLY
Total mutual cooperative relationship
Mediator of NK’s nuclear issue
The actor of the Korea peninsula pro