(Bloomberg) -- South Korea and the European Union
aim to move closer this week to a free-trade agreement that would
strengthen their 61 billion-euro ($84 billion) relationship while
creating jobs and fueling economic growth.
The EU wants greater access to South Korea's markets for
cars, pharmaceuticals, cosmetics, chemicals and machinery. South
Korea wants EU duties slashed on electronics and auto parts, and
more access to audio-visual industries such as broadcasting and
films. An agreement, which may come within a year, follows on the
heels of a U.S.-South Korea free-trade accord, or FTA.
Read more at Bloomberg Emerging Markets News
aim to move closer this week to a free-trade agreement that would
strengthen their 61 billion-euro ($84 billion) relationship while
creating jobs and fueling economic growth.
The EU wants greater access to South Korea's markets for
cars, pharmaceuticals, cosmetics, chemicals and machinery. South
Korea wants EU duties slashed on electronics and auto parts, and
more access to audio-visual industries such as broadcasting and
films. An agreement, which may come within a year, follows on the
heels of a U.S.-South Korea free-trade accord, or FTA.
Read more at Bloomberg Emerging Markets News
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