Related Keywords: South Korea and Vietnam have initialed free trade agreement with the aim to boost bilateral trade by removing tariffs and other barriers., Vietnam is South Korea's ninth-largest trading partner, with $21.09 billion worth of products shipped to the Southeast Asian country in 2013. The two countries
Vietnam is South Korea's ninth-largest trading partner, with $21.09 billion worth of products shipped to the Southeast Asian country in 2013. The two countries, South Korea and Vietnam have initialed free trade agreement with the aim to boost bilateral trade by removing tariffs and other barriers.
Following Saturday's initialing in Seoul, South Korea will seek to formally sign the deal within the first half of this year and obtain parliamentary approval as soon as possible before implementing it by year-end, the Ministry of Trade, Industry and Energy said.
