• Title/Summary/Keyword: Korea FTA

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A Study on Settlement of Investment Disputes under ICSID Mechanism (ICSID의 투자분쟁 해결구조에 관한 고찰)

  • 김상호
    • Journal of Arbitration Studies
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    • v.13 no.2
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    • pp.123-156
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    • 2004
  • Settlement of investment disputes is quite different from that of commercial disputes arising from ordinary commercial transactions in view of disputing parties, applicable laws and rules, etc.. Therefore, it is very important to consider the Convention on the Settlement of Investment Disputes between States and Nationals of Other States(Washington Convention) of 1965. The creation of the International Centre for Settlement of Investment Disputes(ICSID), which was established under the Washington Convention, was the belief that an institution specially designed to facilitate the settlement of investment disputes between governments and foreign investors could help to promote increased flows of international investment. Pursuant to the Washington Convention, ICSID provides facilities for the conciliation and arbitration of disputes between member countries and investors who qualify as nationals of other member countries. Recourse to ICSID conciliation and arbitration is entirely voluntary. However, once the parties have consented to arbitration under the Washington Convention, neither can unilaterally withdraw its consent. Moreover, all Contracting States of the Washington Convention are required by the Convention to recognize and enforce ICSID arbitral awards. Provisions on ICSID arbitration are commonly found in investment contracts between governments of member countries and investors from other member countries. Advance consents by governments to submit investment disputes to ICSID arbitration can also be found in many bilateral investment treaties including the Korea-China Agreement on the Encouragement and Reciprocal Protection of Investments(1992), the Korea-Japan Agreement for the Liberalization, Promotion and Protection of Investment(2003) and the Korea-Chile FTA, the latter was signed as of February 15, 2003 and is still pending in the National Assembly for its ratification. Arbitration under the auspices of ICSID is similarly one of the main mechanism for the settlement of investment disputes under the bilateral treaties on investment. Therefore, it is a problem of vital importance that Korean parties interested in investment to foreign countries should understand and cope with the settlement mechanism of investment disputes under the Washington Convention and bilateral investment treaties.

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Problem and Improvement of Korean Healthcare market Liberalization and Privatization

  • Joung, Soon-Hyoung
    • Journal of the Korea Society of Computer and Information
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    • v.20 no.11
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    • pp.175-181
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    • 2015
  • In this paper, based on the reference, we try to review the second issues about opening medical market and health care privatization by each topic and propose the measures and alternatives. Currently, in Korea, connection with launch of the WTO system and force of the FTA, the medical industries getting liberalization and globalization. Thus, it is expected to plunge to full-free competition system, and Korean medical institutions started the global competition which completely different dimension. It means that according to the liberalization of the healthcare market the real problem can be caused and also, the incessant discussion and effort for the implementation of international community are needed. Regard to attracting foreign patients and opening medical markets, the government also spreading the continued advancement strategy politically until now. However, generating problems with implication is inevitable and measures and alternatives to it are also needed. In accordance with the opening, the accompanying suggestions is medical privatization, that is, whether the health care pursue the profit not the not-for-profit and the current hospitals in Korea they are leaved as non-profit hospitals and let the make the subsidiary as general commercial enterprises, it seems indirect. However, it is like a healthcare privatization virtually thus, implication seem be large. Of course, through the public opinion and legal reservation, the liberalization and privatization of medical market can be delayed or not forced. It would be not fit in the flow of the inevitable globalization, it can be inhibited national interest and economic development also, and it can be the critical implications which shake the health system and collapse of the domestic health care market.

Analysis of Japan's CPTPP Trade Effect Using Gravity Model (중력모형을 이용한 일본의 CPTPP 교역 효과 분석)

  • Jongin Kim;Seong-Hyuk Hwang
    • Journal of Industrial Convergence
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    • v.21 no.5
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    • pp.43-50
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    • 2023
  • The South Korean government announced its plan to pursue membership in the CPTPP in 2022, aiming to establish a stable supply chain within the Asia-Pacific region. The CPTPP, led by Japan, was ratified in 2018 by 11 countries with the goal of eliminating tariffs and establishing new trade rules. According to our analysis, since the implementation of the CPTPP, there has been a trade promotion effect among Japan and member countries, with greater effects observed in countries with higher GDP per capita and closer geographical distance. As long as tariff elimination and reduction proceed as planned, the trade promotion effects are expected to expand gradually. However, the expansion of trade between Japan and CPTPP member countries may also indicate a relative contraction in trade with non-member countries, potentially posing a threat to the stable supply chain in the Korean industry within the Asia-Pacific region. As Japan is Korea's fourth-largest trading partner, it is necessary to carefully consider the impact of CPTPP on Japan's future trade with member countries and engage in discussions regarding Korea's participation and negotiation content based on a thorough examination of the matter.

The Effects of the Revision of Intellectual Property Rights-relevant Laws based on the FTA between the Republic of Korea and the United States (한미 자유무역협정에 따른 지적재산권 관련 법률개정의 효과)

  • Jung, Young-Jae;Park, Hwie-Seo
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.8
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    • pp.137-144
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    • 2009
  • On July 23th, 2009, the newly-revised copyright law was reflected the free trade agreement which occurred between the United States and the Republic of Korea. The agreement is expected to have positive effects such as competition as well as the social efficiency in the field of intellectual property. Nevertheless, Korean government should pay much costs, Therefore, we should minimize the cost in a short run and maximize the benefits we could obtain out of the agreement in a long run. However, we are not prepared to improve economic value of the intellectual property rights. Specifically, it should be noted that the aspects of law execution to protect not only the intellectual property rights. If we manage to get the utmost out of the agreement, we could be going through the transition from a consumer nation of intellectual properties to a producer nation.

Vulnerability Assessment Procedure for the Warship Including the Effect of Shotline and Penetration of Fragments (탄두의 관통 효과를 고려한 함정 취약성 평가 절차에 관한 기본 연구)

  • Kim, Kwang-Sik;Lee, Jang-Hyun
    • Journal of the Society of Naval Architects of Korea
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    • v.49 no.3
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    • pp.254-263
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    • 2012
  • The survivability of warship is assessed by susceptibility, vulnerability and recoverability. Essentially, a vulnerability assessment is a measure of the effectiveness of a warship to resist hostile weapon effects. Considering the shot line and its penetration effect on the warship, present study introduces the procedural aspects of vulnerability assessments of warship. Present study also considers the prediction of penetration damage to a target caused by the impact of projectiles. It reflects the interaction between the weapon and the target from a perspective of vulnerable area method and COVART model. The shotline and tracing calculation have been directly integrated into the vulnerability assessment method based on the penetration equation empirically obtained. A simplified geometric description of the desired target and specification of a threat type is incorporated with the penetration effect. This study describes how to expand the vulnerable area assessment method to the penetration effect. Finally, an example shows that the proposed method can provide the vulnerability parameters of the warship or its component under threat being hit through tracing the shotline path thereby enabling the vulnerability calculation. In addition, the proposed procedure enabling the calculation of the component's multi-hit vulnerability introduces a propulsion system in dealing with redundant Non-overlapping components.

Around East Sea Region Port Logistics Industry Activation Scheme with Gangwon Province (환동해권 항만물류산업 활성화방안 - 강원도를 중심으로 -)

  • Cha, Sun-Gwon
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.385-406
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    • 2008
  • This study aims to contribute regional economic development by means of searching port logistics industry activation scheme of Gangwon province which has locational advantage around the East Sea Region. Thus, this thesis was provided the port logistics industry activation schemes of that region in the point of local and government view. In the local government level, this study was provided the selection of a key port and its intensive development, establishment of port networking among major port and e-port system of this region, and enlargement of the FTA etc. Also this study was required the relative industry invitation and upbringing, and intensive port logistics marketing activity. On the other hand, in the government level, it needs larger SOC investment for enlargement of direct accessibility and connection to the Gangwon-do ports, and required the intensive and efficient support. Finally, it was proposed the establishment of the total logistics expert education system.

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A Study of Life about Naturally Aged Nitrocellulose by Storage (자연 노화된 니트로셀룰로오스의 수명에 관한 연구)

  • Kim, Dong-seong;Jin, Hong-Sik
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.11
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    • pp.595-601
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    • 2020
  • During the safety inspection of nitrocellulose-made explosive containers stored for more than 10 years, cracks were found in the containers. Therefore, a failure cause analysis test was performed. First, the cause of failure through the failure tree analysis was conducted to select the factors that influenced failure. The changes in the properties of the container caused by the acceleration of the reaction were found to be the cause of the failure by confirming the influence on the environment and internal/external factors that may occur during storage. To confirm this, environmental tests, such as thermal shock test and vacuum thermal stability test, were performed using a naturally aged container to analyze the cause of failure, and an accelerated aging test was performed to reproduce the failure. Through this, the chemical reaction was accelerated by heat and charge, as in the result of the fault tree analysis, and it was confirmed that the physical properties of the container were changed. In addition, the service life of the container was estimated using the Arrhenius model for the storage life due to thermal aging.

Rural Village Development Itemized Study on the Importance Analysis and Improvement (농촌마을종합개발 항목별 중요도 분석 및 개선방안에 관한 연구 - 인제군 용대권역을 중심으로 -)

  • An, Chung-Ho;Lee, Joo-Hyung
    • Journal of The Korean Society of Agricultural Engineers
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    • v.54 no.6
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    • pp.9-17
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    • 2012
  • In 1960's, Korea had concentrated on economic development, in the meantime the existing problem which is an avoiding rural settlement phenomenon such as a farming population decrease, an unstabel income, poor surroundings, etc. could intensify. And because of an exodus from agricultural area caused by industrialization and a fall of agricultural farm price as a result of domestic agricultural market opening in accordance with FTA, in 2004 Korean government excuted the integrated rural-village development plan as a measure to provide more support for agricultural villages. The integrated rural-village development plan means that inter-connected with villages which have potnetial and developed it as a unit of small-zone, also we can assume it a Down-up development type because residents participate and lead this plan directly. But, this plan made progress rapidly as a countmeasure of government so, it needs to evaluate for completed project area and make an improvement for a sustainable undertaking. Therefore, this study categorized project contents systematically into two parts of Hardware and Software, after that composed of 4 large-parts, 13 mid-parts and 43 small-parts from Inje-Yongdai zone which was designated for an integrated rural-village development plan in 2004. And a result of analysis for project contents priorities by hierarchy analysis method showed the Regional capability reinforcement is selected for the most important project content by 3 stakeholders who are specialists (514pts.), Korea Rural Community Corporation staffs (694pts.), local government officers (688pts.)

A Study on the Method to Improve Manufacturing Process Using Motion Analysis Solution (동작분석 솔루션을 활용한 제조공정개선 방법연구)

  • Kim, Hyun-Jong;Yoo, Jae-Gun;Hong, Jung-Wan
    • Journal of the Korea Convergence Society
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    • v.9 no.6
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    • pp.69-75
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    • 2018
  • Efficiency of Process in manufacturing industry is a critical factor to connect directly to competitiveness of product. In particular, due to FTAs with various worlds around the world, the domestic and overseas manufacturing industries are facing intense competitions, and it requires elaborate task management system for shortening production time. This study aims at seeking how to raise efficiency of manufacturing process, using motion analysis solution. When improving the process of manufacturing after verifying optimization using motion analysis solution, it can save costs for additional process, modification, or supplement. It can also deduce practical effect to improve productivity of companies. It is expected that the study will contribute to improve wastes in the work field and task assignment efficiency, to shorten time replacing equipment, to measure standard time, and to standardize task system.

On the Development of an FMEA Method for Automotive Safety Utilizing Design Traceability (자동차 안전성 설계에서 설계 추적성을 활용한 고장형태 영향분석에 관한 연구)

  • Lim, Gwan-Taik;Lee, Jae-Chon
    • Journal of the Korea Safety Management & Science
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    • v.15 no.1
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    • pp.11-19
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    • 2013
  • In modern systems design and development, one of the key issues is considered to be related with how to reflect faithfully the stakeholder requirements including customer requirements therein, thereby successfully implementing the system functions derived from the requirements. On the other hand, the issue of safety management is also becoming greatly important these days, particularly in the operational phase of the systems under development. An approach to safety management can be based on the use of the failure mode effect and analysis (FMEA), which has been a core method adopted in automotive industry to reduce the potential failure. The fact that a successful development of cars needs to consider both the complexity and failure throughout the whole life cycle calls for the necessity of applying the systems engineering (SE) process. To meet such a need, in this paper a method of FMEA is developed based on the SE concept. To do so, a process model is derived first in order to identify the required activities that must be satisfied in automotive design while reducing the possibility of failure. Specifically, the stakeholder requirements were analyzed first to derive a set of functions, which subsequentially leads to the task of identifying necessary HW/SW components. Then the derived functions were allocated to appropriate HW/SW components. During this design process, the traceability between the functions and HW/SW components were generated. The traceability can play a key role when FMEA is performed to predict the potential failure that can be described with the routes from the components through the linked functions. As a case study, the developed process model has been applied in a project carried out in practice. The results turned out to demonstrate the usefulness of the approach.