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1st LD Writethru: S.Korea, China agree to implement FTA on Dec. 20

Xinhua, December 9, 2015 Adjust font size:

South Korea and China agreed to implement the bilateral free trade agreement on Dec. 20, Seoul's foreign ministry said Wednesday.

The two nations continued negotiations to rapidly implement the free trade pact after Chinese Premier Li Keqiang and South Korean President Park Geun-hye shared views of the implementation on Oct. 31 when the two leaders met in Seoul on the sidelines of the trilateral summit meeting with Japanese Prime Minister Shinzo Abe.

China and South Korea completed respective local procedures necessary for the FTA implementation as rapidly as possible to maximize the benefits for companies from the free trade accord, the ministry said. Enditem