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    An Analysis on the Competitiveness and Difficulties in Korea’s Export to India

    Cho, Choongjae; Song, Young Chul; Lee, Jung-Mi; Yun, ChiHyun | March 2019
    Abstract
    In July 2018, President Moon Jae-in announced the new target of achieving $50 billion in trade between India and Korea by 2030 following a summit meeting with Narendra Modi, the Prime Minister of India. Despite the Korean government naming India as a key partner in line with its New Southern Policy, trade between the two countries had remained stagnant since reaching the $20 billion mark in 2011. Fortunately, we are seeing new momentum in export expansion as exports have surpassed the record high of $15 billion in the past two consecutive years. This could indicate we have entered a crucial point where we must finds ways to sustain this driving force if Korea is to continue expanding exports. As such, this study mainly focuses on Korea’s export to India, identifying the factors contributing to export stagnation, and going on to present policy suggestions to enhance Korea’s export competitiveness in the Indian market.
    Citation
    Cho, Choongjae; Song, Young Chul; Lee, Jung-Mi; Yun, ChiHyun. 2019. An Analysis on the Competitiveness and Difficulties in Korea’s Export to India. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/9822.
    ISSN
    2233-9140
    Keywords
    Regionalism
    Regional Economy
    Regional Trading Arrangements
    Regional Trade Integration
    Regional Economic Integration
    Regional Cooperation
    Interregional Cooperation
    Trade Disputes
    Trade Barriers
    Free Trade
    Trade
    Trade Agreements
    Intraregional Trade
    Government Policy
    Regional Organization
    Regional Plans
    Economic integration
    Regional Development Bank
    Preferential tariffs
    International negotiation
    Protectionist measures
    Access to markets
    Economic agreements
    International trade law
    Regional integration
    Trade relations
    Exports
    Economic integration
    Distribution
    Economic integration
    Development Bank
    Trade policy
    Small Business
    Regional economics
    Regional planning
    Regional disparities
    Interregionalism
    Regional economic disparities
    Regional economic blocs
    Industrial arbitration
    Euro
    Inflation
    Business
    Finance
    Free trade
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/9822
    Metadata
    Show full item record
    Thumbnail
    WEB19-04.pdf (1.239Mb)
    Author
    Cho, Choongjae
    Song, Young Chul
    Lee, Jung-Mi
    Yun, ChiHyun
    Theme
    Regional
    Trade

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise