The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate

As the number of FTAs signed by Korea increases, the issue of enhancing utilization in export, which can be called as the fruits of FTAs in terms of trade policies, is attracting a lot of attention. Concerning FTA utilization in export, the government has been making various efforts to increase cred...

Full description

Bibliographic Details
Main Authors: Taeil Kang, Giseok Nam
Format: Article
Language:English
Published: SAGE Publishing 2022-05-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440221100442
_version_ 1811258857618407424
author Taeil Kang
Giseok Nam
author_facet Taeil Kang
Giseok Nam
author_sort Taeil Kang
collection DOAJ
description As the number of FTAs signed by Korea increases, the issue of enhancing utilization in export, which can be called as the fruits of FTAs in terms of trade policies, is attracting a lot of attention. Concerning FTA utilization in export, the government has been making various efforts to increase credibility to origin-related documents including certificate of origin, to increase the approved exporters, and has been spending a lot of financial and human resources on publicity so that more businesses can access the information on origin. These policies taken by the government were confirmed to be mostly useful in enhancing FTA utilization in export by theoretical models and statistical analysis. Even in the case of some policies not confirmed yet, their effects will be proven in the near future through empirical data after the history of FTAs becomes longer. However, there are also some points to be improved to constantly promote FTA utilization. That is, policymakers need to make FTA contracting parties honor the other party’s approved exporter, reduce burdens of FTA utilization caused by post verification, and strengthen cooperation and collaboration with related agencies.
first_indexed 2024-04-12T18:20:49Z
format Article
id doaj.art-9c4b092ada664980ba1ff09898adc440
institution Directory Open Access Journal
issn 2158-2440
language English
last_indexed 2024-04-12T18:20:49Z
publishDate 2022-05-01
publisher SAGE Publishing
record_format Article
series SAGE Open
spelling doaj.art-9c4b092ada664980ba1ff09898adc4402022-12-22T03:21:27ZengSAGE PublishingSAGE Open2158-24402022-05-011210.1177/21582440221100442The Analysis of Effects of Enhancement Policies for FTA Export Utilization RateTaeil Kang0Giseok Nam1Korea Customs Service, Daejeon, KoreaHankuk University of Foreign Studies, Seoul, KoreaAs the number of FTAs signed by Korea increases, the issue of enhancing utilization in export, which can be called as the fruits of FTAs in terms of trade policies, is attracting a lot of attention. Concerning FTA utilization in export, the government has been making various efforts to increase credibility to origin-related documents including certificate of origin, to increase the approved exporters, and has been spending a lot of financial and human resources on publicity so that more businesses can access the information on origin. These policies taken by the government were confirmed to be mostly useful in enhancing FTA utilization in export by theoretical models and statistical analysis. Even in the case of some policies not confirmed yet, their effects will be proven in the near future through empirical data after the history of FTAs becomes longer. However, there are also some points to be improved to constantly promote FTA utilization. That is, policymakers need to make FTA contracting parties honor the other party’s approved exporter, reduce burdens of FTA utilization caused by post verification, and strengthen cooperation and collaboration with related agencies.https://doi.org/10.1177/21582440221100442
spellingShingle Taeil Kang
Giseok Nam
The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
SAGE Open
title The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
title_full The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
title_fullStr The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
title_full_unstemmed The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
title_short The Analysis of Effects of Enhancement Policies for FTA Export Utilization Rate
title_sort analysis of effects of enhancement policies for fta export utilization rate
url https://doi.org/10.1177/21582440221100442
work_keys_str_mv AT taeilkang theanalysisofeffectsofenhancementpoliciesforftaexportutilizationrate
AT giseoknam theanalysisofeffectsofenhancementpoliciesforftaexportutilizationrate
AT taeilkang analysisofeffectsofenhancementpoliciesforftaexportutilizationrate
AT giseoknam analysisofeffectsofenhancementpoliciesforftaexportutilizationrate