According to the China and South Korea fta, the Korean rice, chilli, garlic, and squid, yellowfin sole object of 20 kinds of aquatic products have not been included in the tariff concession; Many Korean commodity circulation costs account for bibi is higher, lower taxes and cannot let Korean goods prices plummeted. So, China and South Korea fta deeper meaning in where?
"The china-south Korea fta is mainly aimed at clothing, cosmetics and other goods, but the two sides established a basis of cooperation, also laid the foundation for further negotiations, the future Chinese like Korean goods such as cars, auto parts may also be going into the range." The effects of Chen bo said that China and South Korea free trade area may be larger than can be imagined. Twenty years is a period, but from past experience, lower taxes may can be completed in a few years. Korean goods in China is facing the main low-end market, more and more Korean goods into China for profits are squeezed.
China-south Korea fta a greater impact is to open the new pattern of China's foreign trade of a window. "Both China and South Korea is building a free trade area, between the countries within the framework of lower tariffs, reduce the examination and approval. Last year, the ministry of commerce on the peripheral fta negotiations, China and South Korea free trade negotiations is the first to promote projects." Yesterday, Chen bo said.
China-south Korea fta negotiations start since May 2012, is under the new international trade environment, a new round of trade talks in China the first try. "South Korea strong industry lies in high-end manufacturing, such as electronic products, such as South Korea hopes to be able to enjoy similar preferential policies to Taiwan enterprises in China, in both China and South Korea fta negotiation protocol, the content may be included. China wants South Korea to promote the internationalisation of the renminbi, ensure smooth Chinese products sold in South Korea." Chen bo said that China and South Korea bilateral trade, China is very important to South Korea. And South Korea to China is to open trade negotiation situation, the significance of this for China and Canada, Australia and other countries of trade talks has important role.
