S. Korea-China FTA South Korea and China officially declared the start of bilateral free trade talks in a recent joint statement. After his recent
meeting with Chinese Commerce Minister Chen Deming, South Korea¡¯s Trade Minister Park Tae-ho issued a joint statement announcing the beginning of formal FTA negotiations.
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A forecast of S. Korea¡¯s export to Russia A forecast of S. Korea¡¯s export to Russia According to KOTRA (Korea Trade-Investment Promotion Agency), South Korea¡¯s exports to Russia will not change significantly for a few years.
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South Korea¡¯s FTA with China to discourage its textile industry South Korea¡¯s FTA with China to discourage its textile industry A possible FTA with China would very likely affect the Korean fashion and retail industry severely. Korean industries are already suffering from China¡¯s lower labor costs, which has caused numerous manufacturers to relocate, and growing shares by China in the textile market.
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S. Korea-EU trade volume grows 3.9 pct after FTA Despite difficult external situations, the trade volume between South Korea and the European Union (EU)
gained 3.9 percent onyear over the six months after their bilateral free trade agreement took effect in July.
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