EU sees South Korea trade deal as model for Asia


SEOUL: The European Union wants its ambitious free trade agreement with South Korea to serve as the model for other deals it is pursuing in Asia, a trade official said Monday.

The EU and South Korea will see their tariff-slashing pact go into effect July 1 in the culmination of a process that began in May 2007 when the two sides launched negotiations. The agreement is the EU's first in Asia.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Gold prices head for second weekly gain on Fed rate-cut optimism
Oil set for weekly gain on signs of improving demand
BNM's initiatives help cushion pressure on the ringgit
Stocks drift on uncertainty over timing of US rate cuts
China to cut mortgage interest rates, home down-payment ratio to boost demand
Itmax secures RM105.3mil contract from DBKL
Maxis posts strong 1Q net profit of RM353mil
Bursa Malaysia's rally pushes on amid regional profit-taking
Malaysia's economy grows 4.2% in 1Q, beating expectations
China's factories fire up but consumer, property weakness persists

Others Also Read