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The fifteenth round of discussions was held in Tokyo from 9 to 12 April 2019. [5] « This round of negotiations is the first after the three parties have reached a consensus on the overall acceleration of negotiations. The three parties held a meeting of the chief negotiators, the hearing of directors-general and 13 sub-conferences on specific topics, reached a positive consensus on how and how to negotiate relevant issues, and outlined working arrangements for the next stage. The three parties unanimously agreed to further increase the level of trade and investment liberalization on the basis of the consensus established in the Regional Comprehensive Economic Partnership Agreement (RCEP), in which the three parties participated, and to adopt high ground rules for the creation of a RCEP Plus free trade agreement.  » – fta.mofcom.gov.cn[6] It was said that negotiations would accelerate on the basis of the US government`s current « trade war » with China. The eleventh round of discussions took place from 9 to 11 January 2017, during which trade in goods, trade in services and investment was discussed. [5] In January 2012, the South Korean and Chinese presidents announced that they were moving towards negotiating a bilateral agreement between the two countries. In March 2012, the three countries concluded an investment agreement between them, seen as a step towards a broader free trade agreement. In May 2012, China and Korea held their first round of negotiations for a free trade agreement in Beijing. Negotiations for a bilateral free trade agreement between Japan and Korea, which failed in 2004 despite several attempts at recovery, face unresolved tensions resulting from Japan`s occupation of Korea in the first half of the 20th century and Japanese opposition to a reduction in tariffs on agricultural imports. A possible free trade agreement between China, South Korea and Japan must be taken into account in the context of the ongoing economic and political rivalry between China and the United States, as Washington considers creating a new regional free trade and investment agreement through membership of the Trans-Pacific Partnership (TPP). The governments of China, South Korea and Japan are expected to begin negotiations on a possible trilateral free trade agreement between the three countries in 2012, first concluding bilateral agreements. The study examines how the JKFTA was proposed in 1998 and provides an overview of the arguments put forward by the Korean media for and against JKFTA.

The study argues that free trade agreements (FAs) should be implemented in addition to multilateral trade liberalization efforts in both Korea and Japan. So far, these efforts have been achieved primarily through negotiations within the World Trade Organization (WTO) and other multilateral organizations. The three nations have signed a trilateral investment. [2] An agreement would promote the integration of Asian economies. All of Asia, along with the rest of the world economy, would benefit from their intimate and progressive trade relations. [3] The Free Trade Agreement between China and Japan and South Korea is a proposed free trade agreement between China, Japan and South Korea. The free trade agreement between China and Japan and South Korea was proposed in 2002. Negotiations on the agreement were launched in 2012. [1] The three nations account for up to 19.6% of the world economy.