Book contents
- Frontmatter
- Contents
- Acknowledgements
- List of Contributors
- List of Figures and Tables
- Table of Principal Treaties
- Part I The Legal and Policy Context for EU–Korea Relations
- Part II Trade and Economic Integration between the EU and Korea
- Part III Beyond Trade and Economic Cooperation: Wider Issues in EU–Korea Relations
- 9 Overview of the EU–Korea Framework Agreement
- 10 A Common Institutional Framework for EU–Korea Relations
- 11 Cooperation in the Field of International Peace and Security: A Newcomer to the Legal Framework for EU–Korea Relations
- 12 Environmental Cooperation between the EU and Korea
- 13 The Legal Framework for EU–Korea Climate Change Cooperation: Opportunities and Challenges under the Framework Agreement and the Free Trade Agreement
- 14 Cooperation in the Field of Personal Data Protection: One World, One Standard?
- Index
10 - A Common Institutional Framework for EU–Korea Relations
from Part III - Beyond Trade and Economic Cooperation: Wider Issues in EU–Korea Relations
Published online by Cambridge University Press: 05 April 2014
- Frontmatter
- Contents
- Acknowledgements
- List of Contributors
- List of Figures and Tables
- Table of Principal Treaties
- Part I The Legal and Policy Context for EU–Korea Relations
- Part II Trade and Economic Integration between the EU and Korea
- Part III Beyond Trade and Economic Cooperation: Wider Issues in EU–Korea Relations
- 9 Overview of the EU–Korea Framework Agreement
- 10 A Common Institutional Framework for EU–Korea Relations
- 11 Cooperation in the Field of International Peace and Security: A Newcomer to the Legal Framework for EU–Korea Relations
- 12 Environmental Cooperation between the EU and Korea
- 13 The Legal Framework for EU–Korea Climate Change Cooperation: Opportunities and Challenges under the Framework Agreement and the Free Trade Agreement
- 14 Cooperation in the Field of Personal Data Protection: One World, One Standard?
- Index
Summary
INTRODUCTION
As part of the agreement to upgrade their bilateral relations to a strategic partnership, the EU and Korea signed the Free Trade Agreement and a new Framework Agreement in 2010. These agreements, together with other sectoral agreements, form part of the so-called ‘common institutional framework’ (CIF). The unique form of the EU-Korea CIF is the outcome of a compromise, accommodating the diverging demands of Korea and the EU. On the one hand, the EU wished to construct a unified framework, which placed the FTA in a wider context of overall bilateral relations, following the EU's Global Europe Strategy. On the other hand, the Korean government wished the FTA to be independent of political legal frameworks. The EU-Korea CIF reflects the demands of both sides, by establishing the specific agreements, including the FTA, as separate regimes. At the same time, the Framework Agreement organises those regimes into a unified and consistent governing system. There are two principal ways in which this is achieved.
First, the parties established an institutional interaction mechanism. Under this arrangement, the institutions established under the specific agreements of the CIF, including the FTA, are to report on their activities to the Joint Committee, which is the management institution of the Framework Agreement, and the CIF as a whole.
- Type
- Chapter
- Information
- The European Union and South KoreaThe Legal Framework for Strengthening Trade, Economic and Political Relations, pp. 160 - 176Publisher: Edinburgh University PressPrint publication year: 2013