S. Korea, Canada to hold second round of free trade talks
Monday September 26, 2005
Asia Pulse
S. Korea, Canada To Hold Second Round Of Free Trade Talks
SEOUL, Sept 26 Asia Pulse - South Korea and Canada will begin their second round of formal talks on a bilateral free trade agreement (FTA) on Tuesday, the Ministry of Foreign Affairs and Trade said Monday.
Based on the basic framework agreed upon during the first round in July, the two sides are expected to discuss more specific issues such as products, service, investment, competition and government spending, it said.
The second round is scheduled to run till Friday.
Analysts say a free trade accord would help raise bilateral trade to US$10 billion from the current $5.5 billion.
Canada is the sixth country or regional economic bloc to hold formal FTA talks with South Korea.
South Korea has already concluded an FTA with Chile, Singapore and the European Free Trade Association. It is now in talks with the Association of Southeast Asian Nations and Japan.
(Yonhap)
