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Korea has gained a chance
China is one of the world's fastest-growing economies, whose GDP expands more than 7 percent each year, the South Korean ministry said, noting that South Korea has gained a chance to make inroads into the large, fast-growing market by initialing the pact.
chance to make inroads
South Korea has set a goal of bilateral trade with China of $300 billion in 2015.
China is one of the world's fastest-growing economies, whose GDP expands more than 7 percent each year, the South Korean ministry said, noting that South Korea has gained a
Deal may facilitate
In return, China will remove tariffs on 71 percent of all South Korean products, or 5,846 items.
Gu Xuebin, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, a think tank of the Ministry of Commerce,
may facilitate Deal
In return, China will remove tariffs on 71 percent of all South Korean products, or 5,846 items.
Gu Xuebin, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, a think tank of the Ministry of Commerce,