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/CHINA: Per Yonhap: "South Korea said...>

SOUTH KOREA
SOUTH KOREA: /CHINA: Per Yonhap: "South Korea said Tuesday it will hold the
seventh round of talks with China this week to discuss expanding the scope of
their bilateral free trade agreement (FTA) to better cover the service and
investment sectors. The two countries will begin a four-day virtual meeting
Tuesday to "speed up" the progress amid the new coronavirus pandemic that has
virtually frozen global travel and economic activities, according to the
Ministry of Trade, Industry and Energy. The previous meeting was held in Beijing
in November last year. Seoul and Beijing implemented the FTA in December 2015 to
lower tariffs on goods. "South Korea will help local firms penetrate deeper into
the Chinese market and make efforts to better protect their investments," a
ministry official said."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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