South Korea'S Influence On Preventing The Sino Korean Free Trade Agreement From Affecting The Local Textile Industry
In February 13th, before agreeing to sign a free trade agreement with China (FTA), the ROK government will consider the potential impact of free trade agreements on domestic industries, including the textile industry.
Pu Taihao, South Korean trade minister, said
government
We will hear all the views that may be affected by South Korea's opening up to China.
The minister said that there is a need to formulate a policy framework for the entry of Korean goods into the Chinese market, because China's domestic market is growing rapidly.
He added that the free trade agreement will be in other competing countries.
China
Before standing firm, Korea provides advantages.
At the same time, on the one hand, it is necessary to sign a free trade agreement with China. On the other hand, the Korean textile industry federation (KOFOTI) urges the government to take various safeguards to stop China's low-priced products from rushing into Korea, and also to prevent unfair trade practices from damaging the local enterprises.
Li Donggen, vice president of the KCCI chamber of Commerce, said South Korea - China is free.
Trade
The agreement will be signed sooner or later, because China is the second largest economy in the world and the largest importer of Korean products.
However, Mr. Li stressed that the government should make some concessions from China to protect vulnerable industries in China, especially those that are mainly SMEs.
- Related reading
Japanese Fiber Antibacterial Performance Evaluation Scheme Was Selected For ISO
|Once Designed For The First Lady Of The United States, &Nbsp, A Chinese American Woman, Was Promoted.
|
- Labour laws | How To Take Responsibility For The Company'S Stolen Products
- Rules and regulations | Does Overtime Work Pay For Overtime Workers?
- Fashion character | Follow Ni Ni Study And Dress Happily To Go Out.
- International Data | The Rise Of Domestic Cotton Has Given India Pakistan The Opportunity To Take Advantage Of It.
- Foreign exchange trend | How Can The British People Recognize The EU And Get Rid Of It?
- Regional policy | Xinjiang Cotton Target Price System Reform Pilot Achieved Remarkable Results.
- Finance and economics topics | Central Bank Is Not "Active Depreciation" SDR Does Not Decide RMB Rise Or Fall.
- Pay attention to employees | The "Innovative" Way Of Paying Wages Has To Be Prevented.
- Market quotation | How Do Textile Giants In Troubled Times Look At The Market?
- Market quotation | Great Changes Have Taken Place In The Circulation Of Cotton Market.
- Guangdong Shoe Companies Lack Jobs, Tens Of Thousands Of Market Bugle Bugle Bugle
- 保健功能紡織品行業發展分析
- The First T-FORCE International Designer Competition Opened.
- Mass Customization VS Customization
- 未來中國家紡市場如何轉型發展
- "Greek Drama" Climax
- Children'S Clothing Industry: 2012 Of The Brutal Competition
- Shaoxing, Textile City: Spring Fashion Exhibition Of Elastic Fashion Cloth
- The Ministry Of Commerce Is Studying The Policy Of Stabilizing Foreign Trade Growth.
- 彈力時裝布春季展風采