@article{ART001588418},
author={Kim, Myeongsoo and 도태호 and Junsok Yang},
title={Strategies for Korea-GCC FTA to Magnify Overseas Construction},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2011},
volume={70},
pages={3-22},
doi={10.15793/kspr.2011.70..001}
TY - JOUR
AU - Kim, Myeongsoo
AU - 도태호
AU - Junsok Yang
TI - Strategies for Korea-GCC FTA to Magnify Overseas Construction
JO - The Korea Spatial Planning Review
PY - 2011
VL - 70
IS - null
PB - 국토연구원
SP - 3
EP - 22
SN - 1229-8638
AB - In this study, we try to formulate a FTA negotiation strategy for the Korea-GCC FTA, to open up the GCC construction market to Korean construction companies. We look at what Korean negotiators should include in the Korea-GCC FTA provisions, based on the analyzed problems and the results of the Singapore-GCC FTA and the EFTA-GCC FTA negotiations. We conclude that firstiy provisions to guarantee transparency of the procurement process must be included, and the rights of Korean companies to question and request reviews of the procurement process must be guaranteed. Provisions which prohibit any requirements in the bidding requirements not directly related to fulfilling the conditions of the construction projects should be included in order to eliminate or reduce the requirements for foreign construction firms to hire local sponsors or agents. Offset requirements should also be restricted through the FTA. If such provisions are not possible, the negotiators should insist on an ombudsman system to mediate problems between Korean firms and local agents or sponsors. Also, GCC allows price preferences of 5~10% for suppliers from GCC countries. Korean negotiators should follow the lead of the Singapore-GCC FTA, and negotiate a matching price preference for Korean firms.
KW - Korea-GCC FTA;Construction Service;Threshold Value;Bidding Transparency;Agent/Sponsor;Price Preference
DO - 10.15793/kspr.2011.70..001
ER -
Kim, Myeongsoo, 도태호 and Junsok Yang. (2011). Strategies for Korea-GCC FTA to Magnify Overseas Construction. The Korea Spatial Planning Review, 70, 3-22.
Kim, Myeongsoo, 도태호 and Junsok Yang. 2011, "Strategies for Korea-GCC FTA to Magnify Overseas Construction", The Korea Spatial Planning Review, vol.70, pp.3-22. Available from: doi:10.15793/kspr.2011.70..001
Kim, Myeongsoo, 도태호, Junsok Yang "Strategies for Korea-GCC FTA to Magnify Overseas Construction" The Korea Spatial Planning Review 70 pp.3-22 (2011) : 3.
Kim, Myeongsoo, 도태호, Junsok Yang. Strategies for Korea-GCC FTA to Magnify Overseas Construction. 2011; 70 3-22. Available from: doi:10.15793/kspr.2011.70..001
Kim, Myeongsoo, 도태호 and Junsok Yang. "Strategies for Korea-GCC FTA to Magnify Overseas Construction" The Korea Spatial Planning Review 70(2011) : 3-22.doi: 10.15793/kspr.2011.70..001
Kim, Myeongsoo; 도태호; Junsok Yang. Strategies for Korea-GCC FTA to Magnify Overseas Construction. The Korea Spatial Planning Review, 70, 3-22. doi: 10.15793/kspr.2011.70..001
Kim, Myeongsoo; 도태호; Junsok Yang. Strategies for Korea-GCC FTA to Magnify Overseas Construction. The Korea Spatial Planning Review. 2011; 70 3-22. doi: 10.15793/kspr.2011.70..001
Kim, Myeongsoo, 도태호, Junsok Yang. Strategies for Korea-GCC FTA to Magnify Overseas Construction. 2011; 70 3-22. Available from: doi:10.15793/kspr.2011.70..001
Kim, Myeongsoo, 도태호 and Junsok Yang. "Strategies for Korea-GCC FTA to Magnify Overseas Construction" The Korea Spatial Planning Review 70(2011) : 3-22.doi: 10.15793/kspr.2011.70..001