Abstract

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Many Free Trade Agreements (FTAs) are taking place in almost every corner of the world, and Korea is no exception. Korea notified over 50 FTAs to the WTO and has taken significant steps to reduce trade barriers through free trade agreements with major trade partners such as the USA, EU, China, ASEAN, and EFTA, etc. Korea also concluded FTAs\ with small developing countries like Vietnam, Chile and Singapore.