After the diplomatic tie in 1992, economic exchange between China and Korea had been on a rapid rise originating from mutual supplementation of economy and geographical adjacency. As a result, both countries can be seen as already entering into econom...
After the diplomatic tie in 1992, economic exchange between China and Korea had been on a rapid rise originating from mutual supplementation of economy and geographical adjacency. As a result, both countries can be seen as already entering into economic unification stage based on market logics. In addition, the governments of both countries are recently making a progress on the discussion on whether or not they are going to promote economic unification of two countries through policies by adding an institutional device called FTA. Accordingly, this study analyzed the possibility of FTA realization between China and Korea, for which official negotiations between governments are expected to begin soon as joint research on industry, government and academics reaches its end, focusing on the necessity and trend of discussion. Such analysis was based on the recognition that basic requirements of successful FTA begin from selection of target nation for agreement, and the government must not only take into consideration economic benefits but also diplomatic security benefits and international political interest relations when selecting the target nation for FTA. Based on this concept, this study analyzed the possibility of FTA between China and Korea with the basis on general conclusion requisites and purposes of FTA and specificity of the relationship between two countries.