Sino-Korea FTA talks
China and South Korea have completed first-stage negotiations on the bilateral free trade agreement, setting the foundation for more in-depth talks over mutual opening and liberalization, South Korea’s trade ministry said yesterday. “Both sides wrapped up the first-phase negotiations for the Sino-Korea FTA by agreeing on the modality (or basic guidelines),” said Woo Tae-hee, South Korea’s assistant trade minister and a chief negotiator for the FTA with China, adding that the second-phase talks will discuss items allowed to be liberalized by lowering or removing tariff barriers.
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