Tag - China cements place as Korea’s No. 1 trade partner

China cements place as Korea’s No. 1 trade partner

South Korea, Japan and China agreed to accelerate their negotiations for a “comprehensive, high-level and mutually beneficial” trilateral free trade pact during a meeting of their country’s leaders in Seoul on Sunday. If the three-way FTA is concluded, it is expected to boost their volume of trade as the three Asian giants are major economic partners. According to a report released by Korea’s presidential office ahead of the three-way summit, the nation’s No.1 trade partner is China with two-way trade amounting [...]

Read more...