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Impact of KORUS FTA on pharmaceutical industry
Published: 2011-11-24 06:59:00
Updated: 2011-11-24 06:59:00
The just-ratified Korea-U.S. Free Trade Agreement (KORUS FTA) will have a different impact across industries based on the final tariff agreement.
The auto and textile industry export competitiveness to the U.S. will strengthen, as high tariffs on imported goods will be removed. In the machinery industry, both countries have considerable room for cooperation due to technologically complement...
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