• go rss
상단검색

Date   :

~

Sort   :

Investment News

2019.11.11
Views :
45
S. Korea, New Zealand vow to forge deeper ties via FTA




According to Yonhap News,

SEOUL, Nov. 6 (Yonhap) -- South Korea and New Zealand will seek to forge deeper economic ties on the back of their free trade agreement (FTA) that went into effect four years ago, Seoul's trade ministry said Wednesday.

South Korea's FTA with New Zealand kicked off in 2015 after the two countries started their first official negotiations back in 2009.

To further beef up cooperation, trade officials from South Korea and New Zealand are set to gather in Seoul on Thursday to discuss expanding their cooperation in a wider scope of areas.

The two nations will share ideas on promoting exchanges of experts in the agricultural and fishery industries, according to the ministry.

Trade between the two countries reached US$3.1 billion in 2018, up nearly 25 percent from $2.5 billion posted in 2015.

Asia's No. 4 economy especially has sold more heavy construction machines to New Zealand, whose shipments doubled over the cited period. Those of zinc coated steel sheets also advanced 25 percent.




Source Text


Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.



colin@yna.co.kr

Source: Yonhap News (Nov 6, 2019)



Next
S. Korea reaffirms favorable business environment for foreign firms
Previous
S. Korea's semiconductor exports expected to rebound next year

Share

  • Facebook
  • Twitter
  • Google
  • Twitter
PRINT

Recommended Content

IK News & Events

더보기

Success Stories

더보기