earticle

영어

CEPA stands for Closer Economic Partnership Agreement. China has signed CEPA agreement with Hong Kong and Macao in 2003. Because of Hong Kong and Macao’s special status, CEPA has been the touchstone of China’s commerce policy in the international society.
This paper will deal with the standards of origin, the core content of rules of origin. CEPA’s standard of origin is quite different compare to ours.
But based on the background and the implementation of CEPA agreement, WTO‘s general rules, disputes in academia, and the recent changes in rules of origin, it’s highly unlikely that China will be too stubborn to make changes in CEPA agreement.
However, it’s too early to say that the Korea-China FTA negotiation on standards of origin will go as planned. Having a surplus account with China on trade, Korea must prepare thoroughly that China's standards of origin does not become a barrier on future international trade.