Course summary India South
Korea Comprehensive Economic Partnership Agreement (CEPA)
Status of the India Korea Comprehensive Economic Partnership Agreement
(CEPA): Signed and In Effect : 2010-01-01.
H.E. Mr. Manmohan Singh, Prime Minister of the Republic of India and H.E. Mr.
Roh Moo-hyun, President of the Republic of Korea met in New Delhi on 6 October
2004 and agreed to establish a Joint Study Group to take a comprehensive view of
bilateral economic linkages between Korea and India, covering, among
others, trade in goods and services, investment flows, and other areas of
economic cooperation.
The Korea-India CEPA cover:
- Trade in goods;
- Trade in services;
- Measures for trade facilitations;
- Promotion, facilitation and liberalization of investment flows;
- Measures for promoting bilateral economic cooperation in identified sectors;
and
- Other areas to be explored for furthering bilateral partnership.
The Korea-India CEPA, India will eliminate or reduce
tariffs on 85 percent of South Korean goods on the basis of products and
revenue figures. This includes Korea’s top ten export products to India which
include auto parts, steel, machinery, chemicals and electronics. 108 products
produced in Kae-sung Industrial Complex will also receive preferential
treatment. Korea will eliminate or reduce tariffs on 93 percent and 90
percent of Indian goods
The Korea-India CEPA also aims for a high level of liberalization in the
services and investment sector.
Bilateral trade between India and Korea has been growing rapidly in the
last few years. Compared to 2001, when total bilateral trade turnover was $2.52
billion, the total trade has increased by more than 7 times, and was expected to
stand at $18 billion at the end of 2009.
Example of the course India Korea Comprehensive Economic
Partnership Agreement (CEPA):
Master
International Business for Korean students - Master International Business for Indian students
Related Foreign Trade Courses and
masters: Master Business in Asia - Master in Emerging Markets
- Master Business Asia Pacific Region
Negocios en India
EENI In Hindi: मास्टर विदेश पार
EENI International Business
.
