Korea: Trade and Talks

korea: By such cooperation, the three Asian neighbors aim to hold together and withstand the chill of US-initiated protectionism, they added, according to Global Times China. China will reportedly hold a new round of trilateral free trade agreement FTA talks with South Korea and Japan on forging a free trade deal, according to the Yonhap News Agency. Photo VCG China, Japan and South Korea are ready to lower trade barriers for each other, such as cutting tariffs, as they move to hold a fresh round of talks on forging a free trade deal, experts predicted. The negotiations were scheduled to start on Wednesday in South Korea's capital Seoul and would last three days. The three countries held the 15th round of FTA talks in April, when they reached a consensus to further increase the level of liberalization in areas including commodity trade, services trade and investment, said the spokesperson of China's Ministry of Commerce Gao Feng on November 14. During the talks, trade officials from the three countries are expected to discuss ways to open goods and services markets, while lowering other trade barriers, the report noted. (news.financializer.com). As reported in the news.