In the past, trades with the Latin American markets were not active since the South Korean companies simply considered them substitute markets whenever exports were slow. However, the importance of these markets is highlighted anew thanks to the signing of the Korea-Chile Free Trade Agreement (FTA). Presently, Latin American nations are pursuing FTA with various nations in the world, regardless of the geographic boundaries, in order to vitalize their economy and attract foreign capital. Despite these efforts to liberalize the market, Latin American regions continue to restrict importation by leveraging diverse set of trade regulation policies. This research examines trade regulation policies in the Latin American regions and proposes Korea’s countermeasures.
Ⅰ. Introduction
Ⅱ. Current Situation on the Trade between Korea and Latin America
Ⅲ. Key Trade Regulation Policy in the Latin American Regions
Ⅳ. Korea’s Countermeasures
Ⅴ. Conclusion
References
Abstract