S. Korea's Stresses Need for FTAs with Emerging Nations
Date
1/15/2015 7:38:12 AM
(MENAFN- Qatar News Agency) South Korea's President Park Geun-hye said Thursday that South Korea should consider striking free trade agreements with new emerging countries to help boost exports.
Park said South Korea and emerging countries in Latin America, the Middle East and Eurasia could negotiate possible free deals that remove tariffs and facilitate trade, according to South Korea's (Yonhap) News Agency.
"We should further expand our FTA network," Park said in a meeting at the presidential office, where she received a briefing from economy-related ministries on the 2015 economic policy goals.
Last month, South Korea and Vietnam announced the effective conclusion of a free trade deal meant to boost bilateral trade by removing barriers. Rice, however, was excluded from the agreement.
South Korea has clinched free trade agreements with the United States, China and the European Union.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.