ID | 183434 |
Title Proper | South Korea's trade with the countries of Central Asia in the 21st century |
Language | ENG |
Author | KUPINA, Ludmila |
Summary / Abstract (Note) | The author studies the structure and dynamics of trade between South Korea and Central Asia from 2000 to 2019. The existing trade turnover is unbalanced with an outdated trade structure: South Korean exports of manufactured goods predominate in mutual trade flows, while Central Asia main exports are primary commodities and raw materials. The Central Asian republics' low involvement in global value chains is the main reason for the existing inefficient trade and greatly hinders the development of investment cooperation. The implementation of reforms by Central Asian countries will contribute to the development of other trade areas and economic relations, while promoting diversification of the structure of trade with South Korea. |
`In' analytical Note | Far Eastern Affairs Vol. 49, No.1; 2021: p.28-43 |
Journal Source | Far Eastern Affairs Vol: 49 No 1 |
Key Words | Central Asia ; Foreign investment ; Global Value Chains ; Trade Structure ; Trade and Economic Relations ; Republic of Korea (ROK) |