Korea-Mexico Economic Relationship and FTA
During the last 20 years trade between Korea and Mexico has increased steadily, reaching $2.8 billion in 2003. This trade expansion will be further accelerated with the increase in intra-industry trade in the future. Mexico's chronic trade deficit against Korea, which is attributed to Korea...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2004-01-01
|
| Series: | Journal of International Logistics and Trade |
| Online Access: | https://www.emerald.com/insight/content/doi/10.24006/jilt.2004.1.2.151/full/pdf |
| _version_ | 1797612268062507008 |
|---|---|
| author | Oh-seok Hyun |
| author_facet | Oh-seok Hyun |
| author_sort | Oh-seok Hyun |
| collection | DOAJ |
| description | During the last 20 years trade between Korea and Mexico has increased steadily, reaching $2.8 billion in 2003. This trade expansion will be further accelerated with the increase in intra-industry trade in the future. Mexico's chronic trade deficit against Korea, which is attributed to Korea's increasing investment in Mexico, has rather contributed to Mexico's exports to the American region. As Mexico expands its FTA networks, Korean companies are having difficulties in accessing the Mexican market. Considering this situation and the economic benefits of a Korea-Mexico FTA for both countries, we should first expand cooperation between private sectors, which is expected to facilitate a formal discussion on the Korea-Mexico FTA. |
| first_indexed | 2024-03-11T06:38:54Z |
| format | Article |
| id | doaj.art-7087582caf484e769abf368c98e1a574 |
| institution | Directory Open Access Journal |
| issn | 1738-2122 2508-7592 |
| language | English |
| last_indexed | 2024-03-11T06:38:54Z |
| publishDate | 2004-01-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | Journal of International Logistics and Trade |
| spelling | doaj.art-7087582caf484e769abf368c98e1a5742023-11-17T10:43:35ZengEmerald PublishingJournal of International Logistics and Trade1738-21222508-75922004-01-011215116910.24006/jilt.2004.1.2.151Korea-Mexico Economic Relationship and FTAOh-seok Hyun0Director, Trade Research Institute, Korea International Trade Association, Trade Tower Rrn. 4701, World Trade Center, Gangnam-Gu, Seoul 135-729, KoreaDuring the last 20 years trade between Korea and Mexico has increased steadily, reaching $2.8 billion in 2003. This trade expansion will be further accelerated with the increase in intra-industry trade in the future. Mexico's chronic trade deficit against Korea, which is attributed to Korea's increasing investment in Mexico, has rather contributed to Mexico's exports to the American region. As Mexico expands its FTA networks, Korean companies are having difficulties in accessing the Mexican market. Considering this situation and the economic benefits of a Korea-Mexico FTA for both countries, we should first expand cooperation between private sectors, which is expected to facilitate a formal discussion on the Korea-Mexico FTA.https://www.emerald.com/insight/content/doi/10.24006/jilt.2004.1.2.151/full/pdf |
| spellingShingle | Oh-seok Hyun Korea-Mexico Economic Relationship and FTA Journal of International Logistics and Trade |
| title | Korea-Mexico Economic Relationship and FTA |
| title_full | Korea-Mexico Economic Relationship and FTA |
| title_fullStr | Korea-Mexico Economic Relationship and FTA |
| title_full_unstemmed | Korea-Mexico Economic Relationship and FTA |
| title_short | Korea-Mexico Economic Relationship and FTA |
| title_sort | korea mexico economic relationship and fta |
| url | https://www.emerald.com/insight/content/doi/10.24006/jilt.2004.1.2.151/full/pdf |
| work_keys_str_mv | AT ohseokhyun koreamexicoeconomicrelationshipandfta |