S. KOREA-PHILIPPINES FREE TRADE AGREEMENT
입력 2021.10.26 (15:18)
수정 2021.10.26 (16:47)
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[Anchor Lead]
South Korea has struck a free trade agreement with the Philippines. Trade Minister Yeo Han-koo and his Filipino counterpart Ramon Lopez on Tuesday declared the two sides reached an agreement and signed a joint statement to that effect. This comes 2 years and 4 months after negotiations were launched in June 2019. Under the deal, South Korea will remove tariffs on 94.8% of all products and the Philippines on 96.5% of all goods. The deal marks Korea's fifth FTA with a member country of the Association of Southeast Asian Nations(ASEAN), following trade pacts with Singapore, Vietnam, Malaysia and Cambodia.
South Korea has struck a free trade agreement with the Philippines. Trade Minister Yeo Han-koo and his Filipino counterpart Ramon Lopez on Tuesday declared the two sides reached an agreement and signed a joint statement to that effect. This comes 2 years and 4 months after negotiations were launched in June 2019. Under the deal, South Korea will remove tariffs on 94.8% of all products and the Philippines on 96.5% of all goods. The deal marks Korea's fifth FTA with a member country of the Association of Southeast Asian Nations(ASEAN), following trade pacts with Singapore, Vietnam, Malaysia and Cambodia.
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- S. KOREA-PHILIPPINES FREE TRADE AGREEMENT
-
- 입력 2021-10-26 15:18:36
- 수정2021-10-26 16:47:04
[Anchor Lead]
South Korea has struck a free trade agreement with the Philippines. Trade Minister Yeo Han-koo and his Filipino counterpart Ramon Lopez on Tuesday declared the two sides reached an agreement and signed a joint statement to that effect. This comes 2 years and 4 months after negotiations were launched in June 2019. Under the deal, South Korea will remove tariffs on 94.8% of all products and the Philippines on 96.5% of all goods. The deal marks Korea's fifth FTA with a member country of the Association of Southeast Asian Nations(ASEAN), following trade pacts with Singapore, Vietnam, Malaysia and Cambodia.
South Korea has struck a free trade agreement with the Philippines. Trade Minister Yeo Han-koo and his Filipino counterpart Ramon Lopez on Tuesday declared the two sides reached an agreement and signed a joint statement to that effect. This comes 2 years and 4 months after negotiations were launched in June 2019. Under the deal, South Korea will remove tariffs on 94.8% of all products and the Philippines on 96.5% of all goods. The deal marks Korea's fifth FTA with a member country of the Association of Southeast Asian Nations(ASEAN), following trade pacts with Singapore, Vietnam, Malaysia and Cambodia.
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