Course summary Free trade agreement Chile - South Korea
The Free trade agreement Chile
- South Korea entered into force
in 2004.
The main objective of the Free trade agreement Chile - South Korea is
to set up a free trade area".
The objectives of the Free trade agreement Chile - South Korea are to:
- promote growth and diversification
of reciprocal trade between
Chile and Korea;
- eliminate barriers to foreign trade, and facilitate the cross-border
movement of products and services between Chile and South Korea;
- promote conditions of fair competition in the free trade area;
- increase Foreign direct investment (FDI) opportunities between
Chile and Korea;
- provide adequate and efficient protection and enforcement of intellectual
property rights (IPR) in Chile and Korea;
Exports of South Korea to the Republic of Chile grew from USD 541 million in 2003 up to USD 3.1
billion in 2007. Top Export Products from
Korea to the Republic of Chile are: cars, small trucks, oil products, cellular
phones, TV sets, computers, washing machines, air conditionings, construction
machinery and polyester fibers. Korea has
augmented its exports to Chile at a 57% yearly (base from 2004). South
Korea is the 5th import partner of the Republic of Chile.
Foreign trade Korea Chile (2010):
- Exports: USD 2.95 billion
- Imports: USD 4.22 billion
- Foreign direct investment (FDI) (2010): USD 170 million
Example of the course: Free trade agreement Chile - South Korea:
Master in International Business for Korean students
Main Topics Covered in the Chile - Korea Free trade agreement
- Market Access for Goods
- Tariff Elimination
- Rules and certificate of Origin
- Customs Procedures
- Safeguard Measures
- Antidumping
- Sanitary and Phytosanitary Measures
- Foreign direct investment (FDI)
- Cross-Border trade in services
- Restrictions
- Telecommunications
- Temporary Entry of Business Persons
- Competition
- Government Procurement
- Intellectual Property Rights (IPR)
- Transparency
FTA Chile - South Korea (Spanish):
Free trade agreements of Chile - South Korea Free trade agreements
