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Duty-free market access in the Republic of Korea : Potential for least developed countries and Bangladesh

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  • Duty-free market access in the Republic of Korea
  • Khan, Mostafa Abid; Farhad, Mohammad
  • Asia-Pacific Research and Training Network on Trade


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Title Duty-free market access in the Republic of Korea
Similar Titles
Sub Title

Potential for least developed countries and Bangladesh

Material Type Reports
Author(English)

Khan, Mostafa Abid; Farhad, Mohammad

Publisher

Bangkok:Asia-Pacific Research and Training Network on Trade

Date 2009-03
Series Title; No Asia-Pacific Research and Training Network on Trade Working Paper Series / 62
Subject Country Bangladesh(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Holding United Nations ESCAP

Abstract

The paper attempts to assess the benefits of Duty-Free and Quota-Free Market (DFQF) access initiatives of the Republic of Korea for least developed countries (LDCs), which have been in place since 1 January 2008. Following a brief introduction on the background of this initiative, this paper examines the exports profile of LDCs, reviews the DFQF scheme of the Republic of Korea, and assesses the potential benefits of the DFQF scheme for LDCs as well as Bangladesh. The export profile of LDCs shows that the share of those countries in world exports in recent years has increased; this can be attributed to price increases for petroleum constituting a major share of LDC total exports. The Republic of Korea is the tenth largest destination of LDC exports, which indicates that the DFQF initiatives of the Republic of Korea for LDCs will have a positive impact on LDC exports. (The rest omitted)

User Note

The Asia-Pacific Research and Training Network on Trade (ARTNeT) is aimed at building regional trade policy and facilitation research capacity in developing countries. The ARTNeT Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about trade issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. ARTNeT working papers are available online at www.artnetontrade.org. All material in the working papers may be freely quoted or reprinted, but acknowledgment is requested, together with a copy of the publication containing the quotation or reprint. The use of the working papers for any commercial purpose, including resale, is prohibited.