S. Korea, Cambodia move closer to launching FTA talks

South Korea said Thursday it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia, as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio.

Seoul plans to hold a public hearing on the envisioned FTA on Friday by inviting related experts, which is mandatory under the local law before seeking a commerce treaty, according to the Ministry of Trade, Industry and Energy.

In November, the two Asian countries launched a joint feasibility study on their potential FTA in line with South Korea’s summit with the Association of Southeast Asian Nations (ASEAN).

In full: https://en.yna.co.kr/view/AEN20200611001900320

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