S. Korea, Turkey reach de facto free trade agreement for service, investment
Foreign affairsJul 7, 2014
South Korea and Turkey have reached a de facto agreement for free trade in the investment and service sectors, the trade ministry here said Monday.The agreement, once implemented, will complement a free trade pact for products between the countries that went into effect in May 2013, according to the Ministry of Trade, Industry and Energy.Negotiations for the free trade agreement (FTA) in the investment and service sectors were resumed in August 2013 after a 17-month suspension due to what minist