Course summary India South Korea exhaustive Economic Partnership Agreement (CEPA)
The Comprehensive Economic Partnership Agreement (CEPA) India - South Korea entry
into force in 2010.
The objectives of the Comprehensive Economic Partnership Agreement (CEPA) India
- South Korea are to improve
bilateral economic linkages between Korea and India, specially International trade in products and services
and
Foreign direct investment (FDI)
The Comprehensive Economic Partnership Agreement (CEPA) India - South Korea cover:
- bilateral trade in products and services
- trade facilitations;
- Promotion, facilitation and liberalization of
Foreign direct investment (FDI) flows;
- Measures for promoting bilateral economic cooperation in identified sectors;
and
- Other areas to be researched for furthering bilateral
partnership.
The Comprehensive Economic Partnership Agreement (CEPA) India - South Korea will eliminate or reduce
import
tariffs on 85% of export products of South Korea. Top 10 export products
of South Korea to India
(auto parts, steel, machinery, chemicals and electronics) are integrated in the
Comprehensive Economic Partnership Agreement (CEPA) India - South Korea.
108 export products
produced in Kae-sung Industrial Complex will also receive preferential treatment under CEPA.South
Korea will eliminate or reduce tariffs on 93% and
90% of export products from India
The Comprehensive Economic Partnership Agreement (CEPA) India - South Korea also seeks a high level of liberalization in the
foreign trade of services
and Foreign direct investment (FDI).
Foreign trade between India and South Korea (ROK) has been growing
quickly in the last years. Compared to 2001, when total bilateral
trade turnover was 2.52
billion USD, the total trade has augmented by 7 times,
and was 18 billion USD at the end of 2009.
Example of the course India Korea exhaustive Economic
Partnership Agreement :
Master in International Business for Korean students - Master in International Business for Indian students
(Es): India Corea
EENI in Hindi: मास्टर विदेश पार
.
