Shortcut to Body Shortcut to main menu

Investment News

S. Korea, China, Japan to hold trade ministers' talks later this week
Date
2016.10.28

According to Yonhap News,

(SEJONG=Yonhap News) Trade ministers of South Korea, China and Japan will have a meeting later this week to exchange views on ways to expand trade and investment between the Northeast Asian neighbors, including efforts on a three-way free trade deal, the Seoul government said Friday.

The trilateral economic and trade ministers' meeting will take place in Tokyo on Saturday, led by South Korea's Joo Hyung-hwan and his Chinese and Japanese counterparts Hiroshige Seko and Gao Hucheng, respectively, according to the Ministry of Trade, Industry and Energy.

They will discuss ways to improve economic cooperation among the three countries, such as the Seoul-Beijing-Tokyo free trade agreement and the Regional Comprehensive Economic Partnership (RCEP), a new mega trading bloc encompassing Asia and Oceania.

Matters like wide-spreading trade protectionism, nontariff barriers and environmental regulations will be also high on the agenda, said the ministry.

The Tokyo talks will be the 11th gathering of trade ministers from the three neighboring countries, initiated in 2002, with the last one held in Seoul in 2015.

The three countries, along with North America and the European Union, form one of the three global economic pillars as they are home to 20 percent of the world's population and account for 21.2 percent of the world's gross domestic product. brk@yna.co.kr

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


Source Text


Source: Yonhap News (Oct. 28, 2016)

Related News

    Meta information

    Services

    Invest KOREA provides services support your investment journey.

    Find Nearby Invest KOREA Offices

    Discover nearby offices for Convenient access in your area

    Go to Overseas Office Site