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    New Types of Trade Barriers?: The Trade Remedy Issues in the Korea-EU FTA

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    https://www.riss.kr/link?id=A104174587

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    다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

    Although the trade between Korea and the EU have developed rapidly after the WTO was launched, they formed a new gate of their trade relations with the launching of the Korea-EU FTA. As the FTA has been proliferating through the open economy, the FTA members may expect to protect their domestic industry with trade remedies which are non-tariff barriers rather than traditional tariff barriers. According to the WTO Secretariat, countries have been using more anti-dumping measures rather than countervailing duties or safeguard measures among the trade remedy measures in general. WTO anti-dumping rules do not demand to compensate the affected countries for tariff reductions from the imposing country, and they do not require to allow the affected countries to retaliate. With this reason, countries can impose anti-dumping duties without any fear. Therefore, it is obvious that anti-dumping is an obstacle between Korea and the EU as well. In conclusion, trade remedy must be a 'remedy', not a 'barrier' to the trade in the Korea-EU FTA. Watching regulation and restriction is also needed to avoid 'unfair trade'.
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    Although the trade between Korea and the EU have developed rapidly after the WTO was launched, they formed a new gate of their trade relations with the launching of the Korea-EU FTA. As the FTA has been proliferating through the open economy, the FTA ...

    Although the trade between Korea and the EU have developed rapidly after the WTO was launched, they formed a new gate of their trade relations with the launching of the Korea-EU FTA. As the FTA has been proliferating through the open economy, the FTA members may expect to protect their domestic industry with trade remedies which are non-tariff barriers rather than traditional tariff barriers. According to the WTO Secretariat, countries have been using more anti-dumping measures rather than countervailing duties or safeguard measures among the trade remedy measures in general. WTO anti-dumping rules do not demand to compensate the affected countries for tariff reductions from the imposing country, and they do not require to allow the affected countries to retaliate. With this reason, countries can impose anti-dumping duties without any fear. Therefore, it is obvious that anti-dumping is an obstacle between Korea and the EU as well. In conclusion, trade remedy must be a 'remedy', not a 'barrier' to the trade in the Korea-EU FTA. Watching regulation and restriction is also needed to avoid 'unfair trade'.

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    참고문헌 (Reference)

    1 WTO, "Trade policy review" The Secretariat – Republic of Korea 2012

    2 Bongchul Kim, "Trade Remedy Regulations in Regional Trade Agreements: Proposals on the provisions of the Northeast Asian FTA" Lambert Academic Publishing 2009

    3 WTO, "Trade Policy review" The Secretariat – European Union 2013

    4 Seungwha Chang, "Trade Law and Regulation in Korea" Edward Elgar Publishing Limited 2011

    5 James Harrison, "The European Union and South Korea: The Legal Framework for Strengthening Trade, Economic and Political Relations" Edinburgh University Press Ltd 2014

    6 European Commission, "The EU-Korea Free Trade Agreement in practice"

    7 WTO, "Safeguard Measures by Reporting Member"

    8 Seungrae Lee, "Recent Trends in Trade Remedies and Its Implications on Korea" Korea Institute for International Economic Policy 2013

    9 김봉철, "Legal response to the Korea-EU FTA : Is it possible to use the law for other purposes?" EU연구소 (37) : 161-185, 2014

    10 Korea Trade Commission, "Law and Decrees"

    1 WTO, "Trade policy review" The Secretariat – Republic of Korea 2012

    2 Bongchul Kim, "Trade Remedy Regulations in Regional Trade Agreements: Proposals on the provisions of the Northeast Asian FTA" Lambert Academic Publishing 2009

    3 WTO, "Trade Policy review" The Secretariat – European Union 2013

    4 Seungwha Chang, "Trade Law and Regulation in Korea" Edward Elgar Publishing Limited 2011

    5 James Harrison, "The European Union and South Korea: The Legal Framework for Strengthening Trade, Economic and Political Relations" Edinburgh University Press Ltd 2014

    6 European Commission, "The EU-Korea Free Trade Agreement in practice"

    7 WTO, "Safeguard Measures by Reporting Member"

    8 Seungrae Lee, "Recent Trends in Trade Remedies and Its Implications on Korea" Korea Institute for International Economic Policy 2013

    9 김봉철, "Legal response to the Korea-EU FTA : Is it possible to use the law for other purposes?" EU연구소 (37) : 161-185, 2014

    10 Korea Trade Commission, "Law and Decrees"

    11 Christopher Hill, "International Relations and the European Union" Oxford University Press 2011

    12 Krugman R. Paul, "International Economics, Theory&Policy" Pearson Education Limited 2012

    13 Delegation of the European Union to the Republic of Korea, "European Union-South Korea: Trade and investment relations"

    14 European Commission, "Enlargement: Impact on Trade Defence"

    15 Alex Marx, "EU-Korea Relations in a Changing World" Leuven Centre for Global Governance Studies 2013

    16 WTO, "Countervailing Measures: By Reporting Member"

    17 Thomas J. Prusa, "Anti-dumping: A Growing Problem in International Trade" 28 (28): 2005

    18 WTO, "Anti-dumping Measures: By Reporting Member"

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