RELATIONS BETWEEN SOUTH KOREA AND THE EU AFII
RELATIONS BETWEEN SOUTH KOREA AND THE EU © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 1 27 APRIL 2009
1 Summary I - The political framework II - Bilateral trade and investment III - New areas of cooperation © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 2 27 APRIL 2009
2 Relations between South Korea and the EU 1) Increasingly shared political values 2) Strong economic links reflecting large bilateral trade and investment flows 3) The EU reiterated support for South Korea’s engagement with the north and 6 PT © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 3 27 APRIL 2008
3 The framework agreement for trade and cooperation - Agreement and its attached political declaration were signed in october 1996 - Agreement entered into force april 1 st 2000 • Fostering growth of two way trade and investment • Encouraging broad-based cooperation initiatives Intensifying political dialogue • Establishing a joint committee and summit meetings © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY • 4 27 APRIL 2009
4 The political declaration • Promoting democracy and human rights • Promoting peaceful solutions to regional conflicts • Enhancing consultations on international security issues • Increasing the exchange of information on relevant international issues © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 5 27 APRIL 2009
5 • A summit in Hanoï in 2004 • A summit in Helsinki in 2006 • A summit EU-Korea next May in Seoul © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 6 27 APRIL 2009
6 Towards a new partnership and cooperation agreement • A mandate given to the commission on May 14 th 2008 to negociate an updating of the framework agreement or a new partnership and cooperation agreement • A global dialogue with a global Korea • Sustainable development • Environmental protection and cooperation to combat climate change • Fight against terrorism • Fight against WMD proliferation © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 7 27 APRIL 2009
7 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 8 27 APRIL 2009
8 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 9 27 APRIL 2009
79 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN KORYO UNIVERSITY Daejon Globalisation Committee 10 27 APRIL 172009 2008 November 24 2006
10 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 11 27 APRIL 2009
11 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 12 27 APRIL 2009
12 EU Merchandise trade with Korea • In 2007, the EU has become the second largest export market for Korea behind China (ahead of US). Merchandise 2007 Imports (millions €) 39, 270 Commercial Services 2007 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 4, 000 Exports (millions €) 24, 773 6, 350 Balance -14, 498 +2, 350 13 27 APRIL 2009
1313 14 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY KORYO UNIVERSITY Daejon Globalisation Committee 14 27 APRIL 2009 MAY 22 2008 MAY 24 222006 2008 November
14 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 15 27 APRIL 2009
1516 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN KORYOUNIVERSITY 16 27 APRIL 172009 2008
16 © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 BUSAN UNIVERSITY 17 27 APRIL 2009
17 The negociation of the FTA • • • © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 8 sessions of negociation held between May 2007 – March 2009 A broad agreement on a large range of issues Some significative discrepancies of views on: • Automobiles • Rules of origin • Duty Drawbacks • N. T. B and standards BUSAN UNIVERSITY 18 27 APRIL 2009
18 NEW AREAS FOR COOPERATION © AFII 2006 77 bd Saint Jacques 75680 Paris Cedex 14 • Science and technology • Environment • Transport, aerospace • Information and communication technology • Energy • Culture and education • Official developpment aid (ODA) BUSAN UNIVERSITY 19 27 APRIL 2009
- Slides: 19