JEFFREY SHOT "A big advantage when joining CPTPP Han"

Entry 2018.11.29 09:48

"When Korea joins the PPPC, the bargaining power seems to increase in the negotiation process with China."

"A comprehensive and progressive Pacific-Pacific economic partnership agreement can have tremendous benefits for Korea, and we believe that Korea will have a significant potential role to play when it joins the PPPC."

Jeffrey Short, senior researcher at the Institute of International Economics (PIIE) in the United States, said at a breakfast conference organized by the World Economic Research Institute on Tuesday: "If Korea joins the PCSP, And the negotiations can be strengthened in trade negotiations. "

The CPPO, concluded in March, is a multilateral free trade agreement with 11 member countries in the Asia-Pacific region, including Japan, Australia, New Zealand, Canada, Mexico, Chile Peru, Singapore, Vietnam, Malaysia and Brunei. Initially, the United States was at the head of the TPP, but they withdrew after the election of President Donald Trump and the remaining 11 countries were renamed CPTPP, under the leadership of Japan.

The Korean government believes that if the PPPC is adhered to, Japan's trade deficit will widen and countries in these countries already have Free Trade Agreements (FTAs) with the exception of Japan and Mexico. I do not have it.

However, the trade war between the US and China has intensified and much of the new trade order planned by the US is included in the CPPP, suggesting that Korea should also adhere to this program. Kim Dong-yeon, Deputy Prime Minister of Economy and Finance, said that he would decide to become a CPTPP member during the first half of this year during the first half of this year.

Dr. Shot said: "Trump is not interested in PCPPP because it attaches importance to individual agreements with individual countries rather than multilateral trade agreements, but the free agreement – Recently concluded exchange between the United States, Mexico and Canada (USMCA) Registration to the RBPC can be a huge benefit. "

"If CPTPP accepts Korea as a member and increases the number of its member countries, it will have the effect of controlling the economic supremacy of China," he said. "Although China has not explicitly announced its intention to become a member of the CPPP," We can join the CPPP in Korea and lead favorable negotiations with China by returning our member countries to Korea. "

The situation is worse for global trade protectionism, especially in trade disputes between the United States and China. "Democrats took control of the House of Representatives in this month's mid-term elections, but there is not much disagreement between Republicans and Democrats on protectionism," he said. Mr. Schott. And the conflict will continue. "