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Study On Sino-korea Economic Relations And Establishment Of Bilateral FTA

Posted on:2014-05-26Degree:MasterType:Thesis
Country:ChinaCandidate:T J YangFull Text:PDF
GTID:2309330431454373Subject:International Trade
Abstract/Summary:PDF Full Text Request
China and Korea, as neighbours, have long history of ecomomic and culturalcommunications and exchanges. The geographic advantage, the complementary economicstructures, and the common need of better development of economy facilitate the furthercooperation with each other.The diplomatic relationship between China and Korea has been established for morethan20years, during this period, the economic relationship has been improved rapidly,trade and investment volume keep soaring. Now China is Korea’s largest trade partner. Foryears, China has been the largest trade partner, largest export market, largest trade surplussource and largest investment receiver of Korea; while Korea has been the third largesttrade partner, the second largest import source and the fourth export market of China.Nowadays the relationship between the two countries is confronted with newcircumstances, therefore the establishment of FTA becomes more and more important.There are lots of advantages to establish Sino-Korea FTA, China and Korea expect thenegotiation would proceed smoothly and to complete this historical project. However,many complex interferential factors perhaps will restrict and delay the FTA project.In this thesis, the development process of the economic and diplomatic relationshipbetween the two countries is reviewed, the status quo is thoroughly analyzed, the reasonsof China’s long-term trade deficit are listed, the cooperative tendency is predicted; thenecessity of establishing Sino-Korea FTA is analyzed from the following three aspects: thepositive influence on the East Asia regional economic cooperation, development ofbilateral trade agreement in East Asia facilitate Sino-Korea FTA and the development ofthe cooperation between China and Korea itself becomes the main reason. And this thesislists nine main advantages to establish China-Korea FTA,9main problems that mighthinder the establishment as well, basing on which, some new strategic advices are givenaccordingly.
Keywords/Search Tags:Free Trade Area, Sino-Korea Trade, Free trade Agreement
PDF Full Text Request
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