INDIA KOREA COMPREHENSIVE

ECONOMIC PARTNERSHIP
AGREEMENT

Kritika Chhapolia - ECO2226

Arpita Katiyar- ECO2216
Jiya Bharti - ECO2225
Dimili Shamiteshwari ECO2222
 KOREAN EXPORTS TO INDIA:
TECHNOLOGY CLASSIFICATION
 INDIAN EXPORTS TO KOREA:
TECHNOLOGY CLASSIFICATION
TRADE INTENSITY INDEX OF INDIAN
EXPORTS TO KOREA
TRADE INTENSITY INDEX OF KOREAN
EXPORTS TO INDIA
South Korea and India have provided open pledges to trade in services under the CEPA.

This trade imbalance is the most significant issue in the CEPA negotiations

Many tariff and non-tariff barriers, such as technical regulations and standards are stopping Indian goods from entering the Korean
market
Areas of Cooperation and Future Perspective

1. Support in the IT Sector

2. Science and Technology
3. Pharmaceutical Industries
4. Scope for Cooperation in Human Resource Development
Why was agreement made ?
•ROK and India signed a Comprehensive Economic Partnership
Agreement (CEPA) in Seoul on 7th August , 2009.
•Regional Comprehensive Economic Partnership (RCEP) was
in the works for six years. India was part of it, but then it said it
didn't want to be in it anymore.
•One specific deal with South Korea called the India-Korea
Comprehensive Economic Partnership Agreement (CEPA) was
supposed to make trade between India and South Korea better.
But it didn't meet the expectations of Indian businesses.
 The impact (CEPA) between India and South Korea on global trade
and global policies
•The impact of the Comprehensive Economic Partnership Agreement (CEPA) between India
and South Korea on global trade and global policies influenced by various factors.
•Bilateral Trade Growth
•Impact on Global Supply Chains
•Market Access and Competition
•Technological Collaboration
•Investment Flows
•Trade Rules and Standards
•Regional and Global Economic Growth
•Geopolitical Considerations
•Policy Implications
•Learning for Other Nations
(CEPA) up-gradation between India and
South Korea
•CEPA Up-gradation
•B2B Interactions
•Bilateral Trade Target
•Regular Negotiations
•Balanced Growth
•Challenges Faced by Indian Players
•Trade Deficit
Re-negotiation in the India-
Korea (CEPA)

•Correction of Inverted Duty Structure

•Revision of Offer Lists
•Transition Period and Bilateral Safeguards
•Auto-trigger Provision for Safeguards
Conclusion
•The Comprehensive Economic Partnership
Agreement (CEPA) between India and South
Korea stands as a notable testament to the
potential for strategic partnerships to influence
global trade dynamics.
•It made the path for a sound and steady development
in bilateral relations across a wide range of areas,
including politics, economy and culture.