Industry News

parliament," said a press release issued by South Korea's Ministry of Trade, Industry and Energy. Under the FTA, which was initialed and exchanged with China's Ministry of Commerce in Beijing, the two agreed to offer preferential treatment to each other's financial companies and establish a joint organization to deal with bilateral business issues.

Deal may facilitate tri-partite agreement with Japan, broader regional partnership

Deal may facilitate tri-partite agreement with Japan, broader regional partnership China and South Korea on Wednesday initialed a bilateral free trade agreement as both sides are hoping to increase trade, according to a press release from China's Ministry of Commerce. The ministry said negotiations have concluded and both sides have confirmed all the details.