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The Economic Impact and Strategic Importance of the Korea-Japan Free Trade Agreement (FTA)

机译:韩国自由贸易协定的经济影响与战略重要性(FTA)

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Although Japan is a major trading partner of Korea, second only to the US, progress in the discussions of a bilateral FTA between the two countries has been slow. Official government reference to a bilateral FTA dates back to 1998. Economists have analyzed the impact of a Japan-Korea FTA since 1998, and both governments began to study the feasibility of a bilateral FTA between two countries this year. A Japan-Korea FTA is expected to yield substantial benefits to both countries by liberalizing trade preferentially and strengthening the strategic alliances among the firms of the two countries. Some of Korean people seem concerned about the negative effects of trade liberalization under an FTA with Japan, placing greater emphasis on the negative rather than the positive aspects. However, this paper emphasizes that Korea's industrial structure will not weaken as many people fear as long as Japan's high NTBs are mitigated, and a substantial amount of foreign direct investment flows into Korea. A Japan-Korea FTA is regarded to have a strategic importance, in that the FTA can be a starting point for a Northeast Asian FTA and even further on for the East Asian FTA. In other words, they should complete their FTA as a strategic framework of the Northeast Asian FTA in the mid-term and then an East Asian FTA in the long-term. Although the Korea-Japan FTA is important economically and strategically, there are social, political and historical issues, which should be solved before entering into an FTA. Thus, the two governments should endeavor to ease political and social conflicts. Co-hosting the World Cup games helped improve the relations between the two countries, and both parties should make efforts to enhance favorable environment for the FTA.
机译:虽然日本是韩国的一个主要贸易伙伴,但仅次于美国,两国双边自由贸易协定的讨论进展缓慢。官方政府参考双边FTA返回1998年。经济学家自1998年以来分析了日本韩国自由贸易协定的影响,两国政府开始研究今年两国两国双边自由贸易协定的可行性。预计日本韩国自由贸易协定将通过优先加强两国公司的战略联盟,为两国对两国产生重大效益。一些韩国人似乎担心贸易自由化在与日本的贸易自由化的负面影响,放弃更加强调负面而不是积极的方面。但是,本文强调,只要日本的高中国人的高新技滥出组织减轻,韩国的产业结构不会削弱,因为日本的高新技滥出理工组织,以及大量的外国直接投资流入韩国。日本韩国自由贸易协定被认为具有战略意义,因为自由贸易协定可以成为东北亚运区自由贸易协定的起点,甚至进一步为东亚自由贸易协定。换句话说,他们应该在中期的东北亚洲自由贸易协定的战略框架中完成他们的自由贸易协定,然后是长期的东亚自由贸易协定。虽然韩国 - 日本自由贸易协定是在经济和战略上的重要性,但有社会,政治和历史问题,仍有社会,政治和历史问题,在进入自由贸易场所之前应该解决。因此,两国政府应该努力减轻政治和社会冲突。联合主办世界杯游戏有助于提高两国关系,双方都应努力加强自由贸易协定的有利环境。

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