Research Report
Ⅰ. Background and Purpose
□ Background of this study
○ Need to revise the implementation law and the supporting legal system for domestic industries
○ Need to Improve the supporting legal system for domestic industries damaged by the conclusion of FTA
○ Need to improve Special act on assistance to farmers, fishermen, etc. following the conclusion of Free Trade Agreements & Act on trade adjustment assistance following the Free Trade Agreements
□ Purpose of this study
○ Implication deduction of U.S. And EU case study
○ Provide Legal Foundation for the supporting policy for domestic industries following the conclusion of FTA
○ Review and improve special act on assistance to farmers, fishermen, etc. following the conclusion of Free Trade Agreements & Act on trade adjustment assistance following the Free Trade Agreements
Ⅱ. Main Contents
□ Review the current status of the laws and supporting policy for domestic industries damaged by the conclusion of FTA
○ Special act on assistance to farmers, fishermen, etc. following the conclusion of Free Trade Agreements
○ Act on trade adjustment assistance following the Free Trade Agreements
□ Review the case study on U.S and EU : Assistance policy and operation the fund
○ Trade Adjustment Assistance in U.S
- To provide the latest information regarding the Trade Act and NAFTA-TAA job search and relocation systems.
- It is intended to furnish local staff with guidelines to implement the job search and relocation processes under the Trade Act of 1974, the Trade Act of 2002, and NAFTA.
○ European globalization adjustment fund in EU
- The European Globalization Adjustment Fund provides support to people losing their jobs as a result of major structural changes in world trade patterns due to globalization, when a large company shuts down or production is moved outside the EU, or as a result of the global economic and financial crisis.
- The EGF can co-finance projects including measures such as : help with looking for a job, careers advice, education, training and re-training, mentoring and coaching, entrepreneurship and business creation
□ Improve and review supporting legal system for domestic industries damaged by the conclusion of FTA
○ Diversification of the supporting measure for farm income : Market - based financial supporting system
- Development of financial products
- Government’s financial supporting in conncetion with financial institution
○ Expansion of the resources of fund : Application of current existing system of fund within the scope of funding purpose
- Review the lottery fund
- Use the lottery fund in according to the purpose of public benefit
○ Specialty enhancement on assessment of damage from FTA : Efficiency of committee governance
- Establishment of supporting governance
- Management of Expert working group
○ Project supporting system : Bottom-up supporting system
- Global and domestic current trend of Bottom-up supporting system
- Need to harmonize Bottom-up supporting system with Government’s supporting system
Ⅲ. Expected Effect
□ Material and Information used as support for the implementation and supporting laws in relation to FTA
□ Reference used as legal data for the change in laws on the supporting legal system for domestic industries damaged by the conclusion of FTA
□ Policy material to come up with an effective counterplan for domestic industries damaged by the conclusion of FTA