The Impact On The Korean Three Rural Issues Of China-Republic Of Korea FTA

Korea has obvious tendencies to protect its agriculture. Korea agricultural products have no advantage in the international market, therefore, customs protection are requires for their development. Korea had an active attitude to promote FTA while on agricultural trade liberalization is always cautious, tax breaks on agricultural product model in timing and tax cuts have become increasingly varied and complex. In addition, considering the level of economic development in Korea FTA target countries, agricultural production characteristics, agricultural trade structure, agricultural export supply capacity, develop different agricultural trade arrangements as well as opening-up process and amplitude.For developed countries, through increasing agricultural product market’s opening in exchange for other side products compromise. Using developing countries’ economic advantages and investment advantages to reduce agricultural product openness.in the event of target countries some kind of agricultural product supply capacity were expanded and share of exports were strong, the former has cause bigger impact to their products, and they much prefer to protect this area, therefor reduced this area products openness. Thus, to strive for a larger proportion of sensitive agricultural products list.According to its items and standards of imports, the liberalization of agricultural products and water rate of China-Republic Of Korea FTA were 70% and 40%. It is far lower than the average level of FTA agricultural products signed deals. China-Republic Of Korea FTA puts most of Korean domestic products in the ultra-sensitive tariff lines. To maintain the existing tax rate of Korea’s agriculture could be adequately protected. In short term, Chinese agricultural has little influence on Korea export. But Chinese agricultural market openness was relatively high. It is propitious to Korean products imported into China.Over the long range, after China-Republic Of Korea FTA in force, Korean market will be impact by Chinese agricultural products, livestock products, vegetables imports grow. While, it will be promote the adjustment of the Korean agricultural and rural industrial structure, promoting the tertiary industry development in countryside, promote agricultural industrialization and enterprization, farm management, enlarge employment and channels, broaden sources of income, increase farmers’ incomes.