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.

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