Korea to delay low-carbon car incentive plan

1st round of FTA talks with China delayed to May 14

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Published : 2012-05-07 19:53
Updated : 2012-05-07 19:53

Korea will hold its first round of negotiations with China on the bilateral free trade agreement on May 14 in Beijing instead of May 10 as earlier announced, Seoul’s Trade Ministry said Monday.

The date was changed upon China’s request.

The Korean delegation, led by the country’s chief FTA negotiator Choi Seok-young, will consist of officials from the ministries of finance, agriculture and knowledge economy.

The Chinese negotiating team will be headed by Assistance Minister of Commerce Yu Jianhua.

The two countries announced the beginning of FTA negotiations on Wednesday after seven years of preparations.

(sophie@heraldcorp.com)

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