• Title, Summary, Keyword: WTO

Search Result 865, Processing Time 0.043 seconds

FTA & IOs Experiences of WTO Members and Their Use of its Dispute Settlement Mechanism (FTA 및 국제기구 참여가 WTO 분쟁해결절차 이용에 미치는 영향)

  • Lee, Hyo Won
    • International Area Studies Review
    • /
    • v.22 no.1
    • /
    • pp.3-21
    • /
    • 2018
  • The WTO was established in 1995 as an organization which protects and promotes free trade among its members. However, since about this time they have signed many bilateral and multilateral FTAs and joined many other new international agreements and organizations, the purpose of which at times overlaps with that of the WTO. Some existing works on international organizations contend that these FTAs and many other IOs could weaken the role of the WTO as a promoter of free trade. However, the results of regression analyses on the use of the WTO do not support this argument, but show that the experiences of WTO members in these FTAs and many other IOs help them to use its dispute settlement mechanism more frequently

A Comparative Study on Dispute Settlement Mechanism between The Korea - US FTA and The WTO (한미 FTA 및 WTO 분쟁해결제도 비교고찰)

  • Kim, In-Gu
    • International Area Studies Review
    • /
    • v.13 no.2
    • /
    • pp.618-642
    • /
    • 2009
  • Currently the nations which join the WTO shall observe understanding on rules and procedures governing the settlement of disputes in WTO agreement. In addition this agreement provides it will be able to apply dispute settlement mechanism of the WTO. Korea and the United States are accomplishing an important role as the core members of the WTO. Regardless of this, The Korea - US FTA is providing a separate dispute settlement system. This paper pursues a comparative analysis concerning rules and procedures of dispute settlement between The Korea - US FTA and the WTO, and furthermore derives problems from the viewpoint of effectiveness, and suggests alternatives and implications in view of trade policy. I hope this study contributes to setting-up and development of national trade policy and is applied to FTA negotiation hereafter.

A Study on the Dispute Case under the WTO ASCM - Focus on the Subsidy for Korean Shipbuilding and Hynix Semiconductor(DRAM) - (WTO보조금 협정하의 분쟁사례 연구 - 조선 및 하이닉스 반도체의 보조금 분쟁을 중심으로 -)

  • Kim, Ji-Yong
    • International Commerce and Information Review
    • /
    • v.9 no.1
    • /
    • pp.451-465
    • /
    • 2007
  • It is true that every country which includes the developing country has planned own economic development through government subsidies. Korea also has developed their some major industry through supporting government subsidies. Under the WTO structure, however, government's specific supports for export firms come under prohibited subsidy and subsidy supporting must be based on WTO ASCM(Agreement on Subsidies and Countervailing Measures). The purpose of this paper was to study on the WTO ASCM and to analyze cases on the shipbuilding and Hynix DRAM dispute which Korean concerned major subsidy issue. Korea has been undergoing subsidy dispute with EU and U.S.A. concerned matter of shipbuilding and Hynix DRAM respectively. From this research results were as follow : First of all, the WTO ASCM introduced a definition of subsidy and divided subsidies into three categories and was legally bound through dispute settlement mechanism and implemented by all WTO members. Also, through analyzing cases, results were indicated that Korea wins a lawsuit against the matter of shipbuilding subsidy whereas losing the lawsuit against the matter of DRAM subsidy. It means that the case of shipbuilding subsidy do not violation WTO ASCM and the case of Hynix DARAM is against WTO ASCM. Additionally, as we see the dispute cases concerned Korean industry, it is necessary that government should operate subsidies which were provided for certain governmental policy as consisted with WTO ASCM.

  • PDF

A Study on the Comparison Between China's Anti-Dumping System and WTO Agreement (중국 반덤핑 법규와 WTO 규범과의 적합성 비교 연구)

  • Shin, Sung-Shik;Choi, Hae-Bum
    • International Commerce and Information Review
    • /
    • v.13 no.4
    • /
    • pp.323-349
    • /
    • 2011
  • As China is one of WTO member nations, It has an obligation to have to certainly keep a standard regarding anti-dumping systems deciding in WTO agreements. Nonetheless the Chinese anti-dumping laws is causing legal uncertainty because of insufficient details regulations about the account of dumping margins, the termination of an investigation in case of negligible imports, and sunset review And a part of regulations are disagreed with WTO anti-dumping agreement about price undertakings. Therefore, South Korea should indicate them and urge the Chinese government to revise them so that its anti-dumping Law is agreed with WTO agreement. Aside from this, if the anti-dumping investigation is initiated, South Korea government must observe how the Chinese authorities operates its anti-dumping law that do not agree with WTO agreement, and should prepare the countermeasure accordingly. The analysis of this study is concentrated on the compatibility of the WTO anti-dumping agreement with China's interpretation of the antidumping policy and public law. Also, Including our export company, government agencies, academic circles being related, and international trade advisory agencies must expand opportunity of information sharing.

  • PDF

Strategies of Korean Trade Companies According to Russian WTO Accession (러시아 WTO가입에 따른 우리나라 기업의 대응전략)

  • Lee, Jae-Hyun
    • International Commerce and Information Review
    • /
    • v.15 no.3
    • /
    • pp.313-332
    • /
    • 2013
  • Large tundra of the Russian Empire, has rich resources and science and technology, and a huge domestic market potential is rapidly changing. Based on the abundant energy resources such as oil, gas, and minerals, as foreign trade is active, the huge capital is moving. And commitment the active SOC by improving laws and regulations and changes in the structure of the Russian economy. One of them pushed the WTO since 1993, 19 years to see fruition join the WTO (World Trade Organization). As the official entry into force August 22, Russia, July 10, 2012, Congress passed the treaty after joining the WTO and of the 156th WTO member countries, was officially join. As the WTO, Russia has the world's 11th-largest economy in the steel tariffs from 30% to 15% are exported to Russia, South Korea Car TV parts from 10% to 0%, reduced from 20% to 5% Korean export companies to export to Russia, etc., is expected to become the new land of opportunity. Russia hopes the changes improve the investment environment, the service industry, manufacturing revitalization the macroeconomic sectors of the economy through the WTO, and forecast, but the consumption increased revenue due to tariff cuts, falling import prices and the real economy, and weak manufacturing base. On the one hand, the perspective of concern. In conclusion, Russia joining the WTO, and the feed to improve the fairness and transparency of the market opening, the Russian advance in Korean companies be facilitated and strong complementary cooperation, especially in manufacturing is expected. In this paper, after Russia joining the WTO, trade liberalization, and ready for a new era of economic cooperation between Korea and Russia, at the point of expanding openness to propose strategies to analyze the problems of Korean companies during the Russian advance.

  • PDF

A Case Study on the Violation of the WTO-TRIMs Agreement in the China - Focusing on the Auto Parts Case- (중국의 WTO.TRIMs 협정 위반 분쟁사례에 관한 연구 - 자동차 부품 사례를 중심으로 -)

  • Kim, Jong-Hun
    • International Commerce and Information Review
    • /
    • v.14 no.1
    • /
    • pp.221-246
    • /
    • 2012
  • The purpose of this study aims to analyse the case on the violation of the Agreement on WTO-TRIMs in the China with auto parts case. The Agreement on Trade Related Investment Measures(TRIMs) are rules that apply to the domestic regulations, a country applies to foreign investors, often as part of an industrial policy. The agreement was agreed upon by all members of the WTO. The TRIMs Agreement bans any laws, policies or administrative regulations favouring domestic products. This includes government incentives to encourage corporations to use domestically made products as a way of creating or protecting local jobs. The Agreement on TRIMs is only one such restriction within the broader WTO regime. Policies such as local content requirements and trade balancing rules that have traditionally been used to both promote the interests of domestic industries and combat restrictive business practices are now banned. In many ways the Agreement on WTO-TRIMs is less significant than the WTO agreements on services, etc. The TRIMs Agreement does not involve any new rules or disciplines, referring only to the existing provisions under the GATT. However, by enforcing GATT provisions on 'national treatment', this short and simple agreement has had farreaching effects on auto parts, etc. Meanwhile, China has been members of the WTO late 2001, once the measures imposed high-rate tariff for import parts was intended to regulate importer of auto parts in order to avoid the high-rate tariff.

  • PDF

중국, 대만의 WTO 가입과 우리경제에 미치는 영향

  • Korea Electronics Association
    • Journal of Korean Electronics
    • /
    • v.21 no.12
    • /
    • pp.16-21
    • /
    • 2001
  • 카타르도하에서 열린 제4차 WTO각료회의(01.11.9~11.13)에서 중국은 11.10(토) WTO가입 승인이 확실시 되었고, 11.11(일) 대만도 WTO에 가입될 것으로 보이는 바, 중국과 대만의 WTO가입이 우리경제에 미치는 영향에 대하여 산업자원부에서 발표한 내용을 요약 정리하였다.

  • PDF

Aerospace Industry promotion under WTO regime (WTO 체제 내의 항공우주산업진흥)

  • Lee, Joon
    • Current Industrial and Technological Trends in Aerospace
    • /
    • v.6 no.2
    • /
    • pp.11-21
    • /
    • 2008
  • This paper focuses on finding the way of aerospace industry promotion in Korea compatible with fair trade system under international rules by considering and analysing the WTO subsidy rules and WTO dispute settlement cases. As for subsidy rules in WTO, the paper deals with two matters such as financial contribution and benefit and further studies provisions on the prohibited subsidies and actionable subsidies. And as for the dispute settlement matters, it reviews the Brazil-Canada case and the US-EC case on civil aircraft export subsidies. While aerospace industry in Korea is not yet internationally competitive still requiring government's continuous supports, it must not be in conflict with subsidy rules under WTO mechanism. This paper makes several suggestions to meet these conditions.

  • PDF

2020년 우리나라 산업구조 변화의 전망

  • 오상봉
    • Journal of Biosystems Engineering
    • /
    • v.21 no.2
    • /
    • pp.233-241
    • /
    • 1996
  • 1) WTO 체제의 정착과 새로운 국제무역질서의 형성 1995년 1월 신 GATT체제라 할 수 있는 WTO가 정식 출범함으로써 새로운 국제무역질서의 기반을 구축하게 되었다. 즉, WTO의 출범으로 세계 경제는 하나의 교역규범 (WTO협정)과 하나의 국제기구 (WTO)를 갖게 되었으며, 이에 따라 지난 1980년대 이후 팽배해 온 세계무역의 신보호무역주의 경향은 다시금 자유무역주의로 복귀되었다. 이러한 WTO출범에 따른 세계자유무역의 확대는 기업의 해외직접투자를 증대시키고 세계경제의 안정성장에 크게 이바지할 것으로 기대된다. (중략)

  • PDF

Harmonization between Environment and Trade under the WTO system (WTO체제하의 환경과 자유무역간의 조화)

  • Lee, Eun-Sup;Oh, Byung-Seok;Lee, Yang-Kee;Kim, Sun-Ok
    • International Commerce and Information Review
    • /
    • v.14 no.1
    • /
    • pp.247-271
    • /
    • 2012
  • This paper finds out that the WTO's member countries' environmental measures have sometimes reflected the interests from their domestic industrial fields under the name of environmental protection. For the harmonious linkage between the trade and environments under the WTO mechanism, it is required for the concerned parties to reach the consensus for the measures to be imposed domestically and internationally, as well as the WTO's judicial efforts to make more scientific approach. Such coordination and consensus among the concerned parties to the domestic and international environments would be the efficient way to solve the conflicts between the trade and the environments, together with the WTO's more scientific approach in interpreting and applying the environmental provisions.

  • PDF