China Korea Free Trade Agreement Pdf

In addition, China and South Korea have promised that after signing the agreement, they will continue to negotiate trade in services on a negative list model and conduct investment negotiations on the basis of national treatment before access and the negative list model. [Citation required] The China-South Korea Free Trade Agreement covers 17 areas of trade in goods, services, investment and rules, including e-commerce, competition policy, government procurement, environment and other “economic and trade issues of the twenty-first century”. [4] With regard to market opening, China and South Korea will treat each other`s financial enterprises entering their own capital markets, which means that the corresponding authorisation procedure should be simplified and the barriers to entry of both parties into the financial markets should be reduced. The agreement also provides that Korean construction companies in the Shanghai Pilot Free Trade Zone can order cooperation projects from Shanghai, without being limited by the share of foreign investment (foreign investment accounts for more than 50%). The Chinese side is considering allowing Korean travel agencies to recruit and visit South Korea in China. [8] On June 1, 2015, China and South Korea signed a free trade agreement that entered into force on December 20, 2015. [5] [6] Annex 2-A — (English + Chinese) Annex 2-A (English + Chinese) Annex 2-B — (English + Chinese) Annex 3-A-1 — (English + Chinese) Annex 3-A-2 (English + Chinese) Annex 3-B (English + Chinese) Annex 3-B (English + Chinese) 3-C — (English + Chinese) Annex 8-A-1 — (English + Chinese) Annex 8-A-2 — (English + Chinese) Annex 8-B — (English + Chinese) Annex 8-C (English + Chinese) November 2004, the introduction of an unofficial feasibility study on the China-ROK Free Trade Area. This study, completed in 2006, concluded that the free trade agreement was mutually beneficial and win-win for both countries. In November 2006, China and rok decided to extend the unofficial study to a study that should be conducted jointly by the government, economics and science.

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