Tax & Accounting Blog

Korea’s Sluggish Trade and the Government’s Efforts to Boost This Slump

Korea’s Sluggish Trade and the Government’s Efforts to Boost This Slump

Current status of international trade in Korea Being the world’s sixth largest exporter, South Korea has a high level of dependence on exports for the economy. Recently though, the fiscal prospect of Korea’s economy for 2016 is dark, as exports are shrinking year-on-year from Jan. 2015 to Mar. 2016. In fact, Korea noted 15 straight … Read More

European Union Singapore Free Trade Agreement  –  The Tale of an Island City-State and the World’s Largest Trade Bloc

European Union Singapore Free Trade Agreement – The Tale of an Island City-State and the World’s Largest Trade Bloc

Negotiations for the EUSFTA were launched between Singapore and the EU in 2009. The Goods and Services Agreement was concluded in 2012 and the Investment Protection Chapter in 2014, paving the way for the conclusion of the EUSFTA. The agreement will come into force after it is signed and ratified by both parties. The ratification … Read More