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KMI International Journal of Maritime Affairs and Fisheries
Korea Maritime Institute

KMI Int. J. Marit. Aff. Fish. 2014; 6(2):63-84

pISSN: 2005-9795

DOI: https://doi.org/10.54007/ijmaf.2014.6.2.63

Article

Projects Suggestion for Maritime Industry under Korea-Turkey FTA: Submitted for publication in the International Journal of Maritime Affairs and Fisheries (KMI IJMAF)

Yong-An PARK*, Taehwee LEE**
*Research Fellow at KMI, first and corresponding author, yapark@kmi.re.kr
**Researcher, Global Logistics & Ocean Research Institute, Pyeongtaek University

© Copyright 2021 Korea Maritime Institute. This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Published Online: Dec 31, 2014

ABSTRACT

Korea and Turkey concluded FTA of goods trade in 2013 and service trade in 2014. Although both parties have taken liberal position in maritime sector in the international negotiations such as GATS, WTO-DDA, and TISA, Korea undertook commitment of 11 sub-sectors in maritime industry in Korea-Turkey FTA; Turkey 4 sub-sectors including passenger transportation, freight transportation, ship maintenance and management, rental of vessels. Therefore Korean related businesses obtained additional legal base for entering into maritime trade, chartering business, ship maintenance and management and cruise in the Mediterranean, the Black Sea and the Middle East. In addition, Turkish shipping companies can use potential of new business in North-east Asia and the Black Sea regions. Analysing each commitment schedule of maritime services of both countries in GATS, WTO-DDA and Korea-Turkey FTA, the present paper tries to find mutually benefitting points in which both parties can enjoy the fruits of FTA in maritime services. The present paper suggests some collaborative agendas of the maritime industry between the two countries under Korea -Turkey FTA, covering a joint venture of shipping for project cargoes between Asia and the Black Sea.

Keywords: FTA; WTO; Korea; Turkey; maritime industry