South Korea Expects FTA With China By November

[Aepsilons]

I thought you said you can earn a lot with your degree in Japan, shouldn't be a problem then. I wonder how the average person can live in Japan when the cost of living is so high.

If I get offered a good benefits package , of course, I'll be there on a jiffy.

So you're living in Serbia? How's life there..?

 

[TaiShang]

13th round of China-S. Korea FTA negotiation held in Beijing
Reporter: Tracey Chang 丨 CCTV.com

Chinese and South Korean officials have met in Beijing again for another round of FTA negotiations. Officially launched in May 2012, this marks the 13th round of free trade agreement negotiations between South Korea and China.

Working level officials from the two sides gathered in the far east side of Beijing for the "in between dialogues" to make more adjustments to the details in the trade.

Wang Shouwen (R), Chinese assistant commerce minister, shakes hands with South Korean Assistant Commerce Minister Woo Tae-hee during the opening ceremony of the 13th round of the China-South Korea free trade agreement negotiations in Beijing, capital of China, Sept. 22, 2014. (Xinhua/Xing Guangli)

"We have achieved great progress on issues such as general provisions, in addition to the conclusion of competition and e-commerce areas. We are also narrowing down the gaps for most of the issues as well," said Wang Shouwen, Chinese assistant commerce minister.

"As we are already aware of , in July, our two leaders made commitment to step up the efforts to conclude the negotiation within this year," South Korean Assistant Commerce Minister Woo Tae-hee said.

This talk is widely expected to be the last round of negotiations, as both sides have expressed the desire to ink a deal before the APEC summit in November. But the road to mission accomplishment is NOT without obstacles.

"We are still faced with difficulties in major areas such as trade in goods, trade in services and investment," Wang Shouwen said.

The two countries have already agreed to eliminate the import tariffs on 90% of the products traded between them. China is the single largest importer of South Korean products, accounting for over 25% of South Korea’s overall exports in 2013.

 

[hans]

Without China, Japan still lives well.It is making profit worldwide.
Yet Korea much rely on profit from China.
So China can have much better influence at Korea than in Japan.
China has little influence on Japan.

You and I both know that's a lie.

China is Japan's top trading partner, but that doesn't seems to have positive effect on political relations.

And Korean firms are notorious in China, as I'm sure you are aware. Most of them are cons, they bribe local officals to get bank loan and free use of land, after that they will just run away and leave huge debts/unpaid wages behind. Just look at DaLian STX shipyards case.

China should alert korea's subtle infiltration.

 

[tonyget]

Without China, Japan still lives well.It is making profit worldwide.
Yet Korea much rely on profit from China.
So China can have much better influence at Korea than in Japan.
China has little influence on Japan.

You think Koreans would appreciate the profit gained from China ? Koreans hate China as much as they hate Japan.

 

[Aepsilons]

May this agreement bring auspicious days for Kankuko. Best of Luck !

행운을 빕니다의 조선

You think Koreans would appreciate the profit gained from China ? Koreans hate China as much as they hate Japan.

I'm sure not all South Koreans agree with that.

 

[Jlaw]

You think Koreans would appreciate the profit gained from China ? Koreans hate China as much as they hate Japan.

I agree. Sometimes we can be delusional like indians. Already koreans are already wary about Chinese investments in Jeju islands. I'm just waiting when a clash will take place over there.

 

[hans]

Why you think about this?Don`t be that sensitive about very few extreme guys.
I was once in Korea and our Korean supplier employee says there is discussion inside Korea.
Topic is whether Korea should follow America or China...
Anyway, China has much influence on Korea not to do anything harmful to both side.
Also Korea government is wise enough to balance between China and America..
While Japan is obviously not influenced by China and even don`t care the investment in China..

You think Koreans would appreciate the profit gained from China ? Koreans hate China as much as they hate Japan.

 

[tonyget]

Why you think about this?Don`t be that sensitive about very few extreme guys.
I was once in Korea and our Korean supplier employee says there is discussion inside Korea.
Topic is whether Korea should follow America or China...

As long as Korea is under US "supervision", it is not up to Koreans to decide who they should follow.

 

[xunzi]

Why should China sign FTA with Korea ? Korean market is too small, what can we gain from FTA ?

It's not about short term benefit. The long-term benefit that bring SK into our sphere of influence is more important than short-term profit value.

 

[TaiShang]

It's not about short term benefit. The long-term benefit that bring SK into our sphere of influence is more important than short-term profit value.

Exactly. An PTA/FTA is never purely economic. The point is to have greater influence by having greater economic interdependence.

 

[xunzi]

Exactly. An PTA/FTA is never purely economic. The point is to have greater influence by having greater economic interdependence.

It takes a great mind to see fruit we set out to do in the 21st century. Our game is very difficult for average joe to understand. LOL

 

[tonyget]

It's not about short term benefit. The long-term benefit that bring SK into our sphere of influence is more important than short-term profit value.

As if Korea can say no to America

 

[xunzi]

As if Korea can say no to America

They already did. Trans Pacific Partnership? Hello?

 

[tonyget]

They already did. Trans Pacific Partnership? Hello?

Did Korea clearly reject the proposal ?

 

[xunzi]

Did Korea clearly reject the proposal ?

In geopolitics, you don't state clearly your intention or you lose your right to play the game.