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Trilateral free trade deal talks in Seoul
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China, South Korea and Japan will hold the fourth round of talks over the trilateral free trade agreement in Seoul next month, the South Korean trade ministry said yesterday.
Delegations from the three countries will gather in Seoul from March 4 to 7, according to the Ministry of Trade, Industry and Energy.
During the fourth round of negotiations, the three countries will hold working-level meetings on goods, services, investment, competition, general rules and intellectual property rights, while experts will exchange views on the environment, government procurement, e-commerce and food, the ministry said.
The three Asian nations have seen increasingly close ties on economy and trade, and have become important partners to and markets for each other.
In 2012, the combined gross domestic product of the three nations reached US$14.3 trillion, taking up about 20 percent of the world total and 70 percent of Asia’s total. The combined import and export volume of the three was US$5.4 trillion, or 35 percent of the world total.
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