Establish The Feasibility Study Of Japan And South Korea Free Trade Area

Economic globalization and regional group organization has become a trend of global economic development. At present, as the most powerful regional group organization, European Community and North American Free-trade Area have made an influence upon the East Asia countries, especially China, Japan and Korea, forcing them to review their economy development strategy of region again. The establishment of China, Japan & Korea Free-trade Area and even an East Asia Free-trade Area is becoming more and more critical to East Asia countries. Base on the trade achievement, and the familiarity of these three countries' culture and values, a free-trade area is available now. However, there are still some difficulties in the establishment of the free-trade area. From the internal point of view, the difficulties are the difference among their economy development level and their strategy and the contradiction among different regional cooperation systems. From the external point of view, the interference from the United States is the biggest difficulty which can not be avoided. In order to achieve economy development and be responsible to the neighbor countries, China will manage to prompt the establishment of China, Japan & Korea Free-trade Area in many channels, including correctly dealing with the relationship between China and United States, making proper strategic dialogue policy between China, Japan and Korea.