Korea, New Zealand to resume FTA talks next week

By Korea Herald
  • Published : Aug 1, 2014 - 21:20
  • Updated : Aug 1, 2014 - 21:20
South Korea and New Zealand will hold the eighth round of negotiations for a bilateral free trade agreement next week, the South Korean government said Friday.

“At the upcoming round of negotiations, we will work together for tangible progress by narrowing our differences in the area of market liberalization for products and by resolving other remaining issues, such as the country of origin, customs and investment,” the Ministry of Trade, Industry and Energy said in a press release.

Next week’s talks will be held Monday through Friday in Seoul. The previous round of negotiations were held in Auckland, New Zealand, in early June.

FTA talks with New Zealand began in June 2009. They were resumed earlier this year following a four-year suspension since May 2010, partly caused by disagreements between the two countries over the level of market opening.