Monday, 30 May 2016

South Korea–China FTA falls short on reform (Jeffrey J. Schott, Euijin Jung, East Asia Forum)

South Korean President Park Geun-hye and Chinese Premier Li Keqiang shake hands ahead of their talks at the presidential office in Seoul, 31 October 2015. (Photo: AAP).

The South Korea–China Free Trade Agreement (FTA), which entered into effect in December 2015, has proved disappointing. The pact excludes too much economic activity and does too little to propel growth in both countries. As a result, South Korea and China have missed an opportunity to set a new precedent for East Asian economic integration

http://www.eastasiaforum.org/2016/05/29/south-korea-china-fta-falls-short-on-reform/

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