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S.Korea-China declared a "de facto" conclusion of FTA negotiations
Nov 10, 2014 4:03:26 PM
임미랑

 South Korea and China declared a "de facto" conclusion of FTA negotiations at their summit in Beijing earlier Monday. 

 

  Under the proposed FTA, South Korea and China have agreed to eliminate their import tariffs on 90 percent of all products traded between them. Once implemented, Korea can secure a chance to have world's second-largest economy through the China.   

 

 The Korean official said they will work to initial the agreement before the end of the year.

Korea Federation of Textile Industries, Textile Center 16F, 518, Teheran-ro, Gangnam-gu, Seoul, Korea