Význam Korejské republiky jako obchodního partnera pro Evropskou unii a Českou republiku

Abstract

The European Union seeks to develop an open and fair trading system based on tariff abolition and liberalization by establishing business partnerships and framework agreements. Over the last ten years, there has been a significant shift from the EU towards free trade agreements and framework agreements with several economically important countries, including the Republic of Korea in 2011. The thesis is to determine the key factors of Korean economy development and to evaluate the position and the significance of the trade and investments between Korea and the European Union, as well as between Korea and the Czech Republic. With regard on comprehensive analysis of the balance of trade and foreign direct investments, key aspects of bilateral partnership are described, especially important commodities, investment projects and the benefits from the cooperation. A scientific literature as well as internet resources dealing with the Korean economic development with an impact on other economic entities have been used. Standard scientific methods were applied, especially the method of comparison, analysis, synthesis and deduction. Regarding the main findings from a foreign trade and investment development between the EU and Korea, the thesis has confirmed the importance of negotiating the Korea-EU Free Trade Agreement. Czech Republic supports the establishment of Korean investments, through which it supports regions that would become socially excluded, due to not creating enough jobs and other support to businesses. The Czech accession to the EU in 2004 has further strengthened the Czech-Korean partnership. The Czech open economy has benefited from the EU internal market, which is de facto the stimulus for Korean companies to invest in the country.