News Clip FTA with Japan, China would hurt local fisheries sector

posted 26-04-2006  print  

FTA with Japan, China would hurt local fisheries sector: report

A free trade pact between South Korea, China and Japan could damage South Korea’s fisheries industry, a report said Wednesday.

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Yonhap | 26 April 2006

FTA with Japan, China would hurt local fisheries sector: report

SEOUL, April 26 (Yonhap) — A free trade pact between South Korea, China and Japan could damage South Korea’s fisheries industry, a report said Wednesday.

A free trade agreement (FTA) with the neighboring countries could cause a minimum US$44 million deficit in South Korea’s fisheries trade, the state-run Korea Institute for International Economic Policy (KIEP) said.

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A summary of the report, “Korea-China-Japan FTA and the Korean Fisheries”, is available in English from KIEP at http://www.kiep.go.kr/eng/e_sub03/s…

The full 142-page report is available in Korean at http://www.kiep.go.kr/inc/download_…