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Korea Joins TPP To Contribute To GDP100 Billion In The US

2013/12/3 13:38:00 50

Free Trade AgreementSouth KoreaTPPMichael FromanKorean ClothingAmerican GDPClothing

< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201312/03/20131203014005_sj.JPG "/" < > > "


< p > < strong > < a > href= > http://sjfzxm.com/news/index_p.asp > > Korea > /a > want to add TPP > /strong > /p >


< p > on Friday, a South Korean official revealed that South Korea is preparing bilateral consultations with 12 countries to enter into the matter of < a href= "http://sjfzxm.com/news/index_p.asp" > TPP < /a >.

Now let's take a look at the world's clothing and shoe net.

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"P > US business representative a href=" http://sjfzxm.com/news/index_p.asp "> Michael Froman /a > responded to the speech made by the vice premier of Korea on Friday, saying that South Korea played an important role in the Asian regional economy. South Korea's interest in joining the TPP fully demonstrated the important role of the initiative in the regional economy.

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< p > Froman said that he will work closely with the US shareholders and the Congress to give full consideration to any negotiation conditions that Korea may bring into the TPP and lay a good foundation for its accession to the last round of trade negotiations.

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< p > Froman said: "any country that wants to join TPP negotiations must consult with Member States one by one."

At present, TPP is a member of the United States, Vietnam, Canada, Mexico, Japan, Australia, Brunei, Chile, Malaysia, New Zealand, Peru and Singapore.

If South Korea wants to join the TPP, it must get the unanimous agreement of the 12 member states to enter into force.

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At present, the United States has reached a bilateral trade agreement with South Korea. Although South Korea is not the main supplier of the United States' a href= "http://sjfzxm.com/news/index_p.asp" > clothing < /a > and a href= "http://sjfzxm.com/news/index_p.asp" > textile > /a >, but as of September 30th, the annual trade volume also reached 921 million US dollars.

According to the estimates of the US International Trade Commission, tax cuts and duty-free products only under the free trade agreement between the United States and South Korea can contribute about 10 billion -120 billion dollars per year to the us a href= "http://sjfzxm.com/news/index_p.asp" > GD < /a > P, which adds about $10 billion to Han Shangpin's exports.

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< p > < < a href= > http://sjfzxm.com/news/index_p.asp > > US Korea Free Trade Agreement > /a > shows the common interests of the United States and South Korea in trade and investment rules, "said Froman.

"As for the next consultation with Member States, the talks will focus on whether South Korea is fully prepared to meet the high standard TPP agreement and South Korea's attention to bilateral issues, including the degree of implementation of existing obligations."

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< p > related links < /p >


< p > according to Yonhap news agency, < a href= "http://sjfzxm.com/news/index_p.asp" > Korean clothing < /a > Industry Association 28, said 42 members of the association's member enterprises will visit Kaesong industrial park on 6 March next year to inspect production equipment and conduct business negotiations.

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< p > it is reported that the Kaesong industrial park closed in April of this year. After that, the park resumed production after 166 days, but its operating rate was only 40-50%.

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< p > reported that in the case of a long time shutting down production, some enterprises were in difficulty of operation. The large-scale association of Korean enterprises to organize private enterprises to visit the park is expected to solve the practical difficulties faced by the enterprises, and also arouse the interest of buyers and Korean enterprises who intend to enter the park.

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< p > the delegation includes people from the Korean a href= "http://sjfzxm.com/news/index_p.asp" > clothing, /a, enterprises, electronic shopping enterprises, export suppliers and so on, so the business negotiation of customized orders can also be carried out.

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< p > > a href= "http://sjfzxm.com/news/index_p.asp" > Korea garment industry association < /a > decided that in order to strengthen the relationship between producers and purchasers, enterprises will also be organized to visit the park in the future.

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