한 · 멕시코간의 경제협력관계에 관한 연구

Purpose - The economic ties between Korea and Mexico have grown over the years. The purpose of this study is to analyze Korea’s trade relations centered on the Mexico, a major partner in Latin America, and identify its problems and suggest measures that can be taken by the government and corporations to reinforce economic cooperation. Design/methodology/approach - To improve the level of contribution of the study, an empirical analysis is necessary. However, due to limited data access, the study will approach the topic of trade relations between Korea and the Mexico with various statistics and literature. Findings - First, there is an urgent need for changes in import-export goods between Korea and Mexico, as trade is focused on specific items. Second, although foreign direct investment from Korea to Mexico is centered in manufacturing and mining industries, there should be different investment strategies by local. Third, it is necessary to reinforce commercial cooperation. Korea currently has Free Trade Agreements with Chile, Peru, and Columbia, but not with Mexico.Therefore, Korea must take active measures to sign an FTA with Mexico, which has been put on hold. Research implications or Originality - It is clear that the international trade between Korea and Mexico has strengthened over time and both countries are now close trading partners with still much potential or room to grow. Korea and Mexico have engaged in talks to negotiate an FTA, However, negotiations have not been successful. By investigating Mexico and its prospects and analyzing the trade relations with Korea, this study will provide strategic measures for corporations that wish to enter the Latin American market.