Free Trade Agreements Of South Korea
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Free Trade Agreements Of South Korea
South Korea has concluded free trade agreements A free-trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur ... (FTAs) and other agreements with a trade component with countries around the world and is negotiating with others. Trade agreements in force Trade agreements signed yet in force Trade agreements under negotiation Trade agreements of interest References {{Economy of South Korea Free trade agreements of South Korea Economy of South Korea Treaties of South Korea ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Indo-Pacific Economic Framework
Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by United States President Joe Biden on May 23, 2022. The framework launched with a total of fourteen participating founding member nations, with the late entry of Fiji, the first South Pacific Island to join, with an open invitation for other countries to join at any time. Biden described the initiative as "writing the new rules for the 21st century economy", stating that the agreement would make the participant's economies "grow faster and fairer". Commerce Secretary Gina Raimondo argued that the framework constituted "the most significant international economic engagement that the United States has ever had in this region". Analysts have compared it to the Trans-Pacific Partnership which the United States withdrew from in 2017. The initiative is intended to be a precursor for later negotiations, as it does not include a uniform lowering of tariffs. The four themes of the proposed IPE ...
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Comprehensive And Progressive Agreement For Trans-Pacific Partnership
Comprehensive may refer to: *Comprehensive layout, the page layout of a proposed design as initially presented by the designer to a client. * Comprehensive school, a state school that does not select its intake on the basis of academic achievement or aptitude. *Comprehensive examination In higher education, a comprehensive examination (or comprehensive exam or exams), often abbreviated as "comps", is a specific type of examination that must be completed by graduate students in some disciplines and courses of study, and also by un ...
, an exam taken in some countries by graduates. {{disambig ...
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Pacific Alliance
The Pacific Alliance ( es, link=no, Alianza del Pacífico) is a Latin American trade bloc, formed by Chile, Colombia, Mexico and Peru, which all border the Pacific Ocean. The alliance was formed with the express purpose of improving regional integration and moving toward complete freedom in the movement of goods, services, capital and people between the four member states. Together, these four countries have a combined population of more than 230 million people and make up roughly 35 percent of Latin American GDP. History The following countries are full members, in the process of becoming full members or observers. On 28 April 2011, then president of Peru Alan García organized a meeting with the presidents of Chile, Colombia and Mexico at the time. This working group issued the ''Declaración de Lima'', a statement of intent to establish the Pacific Alliance. The initial goal of the alliance was to further free trade with "a clear orientation toward Asia" and regional econo ...
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Moon Jae-in
Moon Jae-in (; ; born 24 January 1953) is a South Korean former politician, civil servant and lawyer who served as the 12th president of South Korea between 2017 and 2022. Prior to his presidency, he served as Senior Secretary for Civil Affairs and Chief of Staff to President Roh Moo-hyun, Member of the National Assembly, and Leader of the Democratic Party of Korea. Born to North Korean refugees of House of Moon in Hamhung, Moon was raised in poverty in the southern port city of Busan. He excelled in school and studied law at Kyung Hee University. He became a lawyer and later involved in human rights activism with Roh Moo-hyun. He was imprisoned for organizing a protest against the Yushin Constitution. As a result of his work in human rights law, Moon was chosen to be the campaign manager for his longtime mentor Roh Moo-hyun in his successful bid for the 2002 presidential election. He served in Roh's administration in various official capacities. In 2012, Moon was a candidate for ...
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Riyadh
Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. It is the largest city on the Arabian Peninsula, and is situated in the center of the an-Nafud desert, on the eastern part of the Najd plateau. The city sits at an average of above sea level, and receives around 5 million tourists each year, making it the forty-ninth most visited city in the world and the 6th in the Middle East. Riyadh had a population of 7.6 million people in 2019, making it the most-populous city in Saudi Arabia, 3rd most populous in the Middle East, and 38th most populous in Asia. The first mentioning of the city by the name ''Riyadh'' was in 1590, by an early Arab chronicler. In 1737, Deham Ibn Dawwas, who was from the neighboring Manfuha, settled in and took control of the city. Deham built a ...
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Roh Moo-hyun
Roh Moo-hyun (; ; 1 September 1946 – 23 May 2009) was a South Korean politician and lawyer who served as the ninth president of South Korea between 2003 and 2008. Roh's pre-presidential political career was focused on human rights advocacy for student activists in South Korea. His electoral career later expanded to a focus on overcoming regionalism in South Korean politics, culminating in his election to the presidency. He achieved a large following among younger internet users, which aided his success in the presidential election. Roh's election was notable for the arrival in power of a new generation of Korean politicians, the so-called 386 Generation (people in their thirties, when the term was coined, who had attended university in the 1980s and who were born in the 1960s). This generation had been veterans of student protests against authoritarian rule and advocated a conciliatory approach towards North Korea, even at the expense of good relations with the United States. ...
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Gulf Cooperation Council
The Cooperation Council for the Arab States of the Gulf ( ar, مجلس التعاون لدول العربية الخليج ), also known as the Gulf Cooperation Council (GCC; ar, مجلس التعاون الخليجي), is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution. All current member states are monarchies, including three constitutional monarchies (Qatar, Kuwait, and Bahrain), two absolute monarchies (Saudi Arabia and Oman), and one federal monarchy (the United Arab Emirates, which is composed of seven member states, each of which is an absolute monarchy with its own emir). There have been discussions regarding the future membership of Jordan, Morocco, and Yemen. During the Arab Spring in 2011, Saudi Arab ...
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Digital Economy Partnership Agreement
Digital Economy Partnership Agreement (DEPA) represents a new type of trade agreement to facilitate digital trade and creating a framework for the digital economy, was born out of the common interest of Chile, New Zealand and Singapore. The agreement was virtually signed on June 12, 2020. South Korea requested to participate on September 13, 2021. China requested to participate on October 31, 2021 and its formal accession process began on August 18, 2022. References External links Digital Economy Partnership Agreement (DEPA)Foreign Trade Information System, Organization of American States The Organization of American States (OAS; es, Organización de los Estados Americanos, pt, Organização dos Estados Americanos, french: Organisation des États américains; ''OEA'') is an international organization that was founded on 30 April ... Unpacking the Digital Economy Partnership Agreement(DEPA)The Digital Economy Partnership Agreement, a milestone in trade negotiations {{tre ...
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Mercosur
The Southern Common Market, commonly known by Spanish abbreviation Mercosur, and Portuguese Mercosul, is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay, and Uruguay. Venezuela is a full member but has been suspended since 1 December 2016. Associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru, and Suriname. Mercosur's origins are linked to the discussions for the constitution of a regional economic market for Latin America, which go back to the treaty that established the Latin American Free Trade Association in 1960, which was succeeded by the Latin American Integration Association in the 1980s. At the time, Argentina and Brazil made progress in the matter, signing the Iguaçu Declaration (1985), which established a bilateral commission, which was followed by a series of trade agreements the following year. The Integration, Cooperation and Developme ...
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China–Japan–South Korea Free Trade Agreement
The China–Japan-South Korea Free Trade Agreement is a proposed free trade agreement between China, Japan and South Korea. The China-Japan-South Korea Free TradAgreementwas proposed in 2002. Negotiations on the agreement were set in motion in 2012. The three nations make up to 19.6% of thworld's economy The first official talks on the matter were held in Seoul from 26–28 March 2013. Further talks were held in China and Japan throughout 2013, and more were scheduled for early 2014. Two-way trade between South Korea and China was totaled at $230 billion in 201 China–Japan–South Korea trilateral summit, A trilateral investment has been signed by all 3 nationAn agreement would push forward the integration of Asia's economies. The whole of Asia, along with the rest of the world economy, would benefit from their intimate and progressive trade relationshi A fourth round of talks were held in Seoul, South Korea from 4–7 March 2014. Intersessional Meeting of the Negotiations on ...
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Regional Comprehensive Economic Partnership
The Regional Comprehensive Economic Partnership (RCEP ) is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population (2.2 billion people) and 30% of global GDP ($29.7 trillion), making it the largest trade bloc in history. Signed in November 2020, RCEP is the first free trade agreement among the largest economies in Asia, including China, Indonesia, Japan, and South Korea. The RCEP was conceived at the 2011 ASEAN Summit in Bali, Indonesia, while negotiations formally launched during the 2012 ASEAN Summit in Cambodia. India, which took part in the initial negotiations but later decided to opt out, was invited to join the bloc at any time. Any other country or separate customs territory in the region can accede to the pact from 1 July 2023 onward. The t ...
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