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South Korea approves India (free trade) deal

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pampango Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Nov-06-09 09:10 AM
Original message
South Korea approves India (free trade) deal
Source: BBC

South Korea has ratified a free trade deal with India that will give the two Asian countries much greater access to each other's markets. Under the terms of the deal, import duties between the two parties will be reduced or eliminated.

India, where parliamentary approval is not needed for trade agreements, had already signed off the deal.

It is due to be implemented in January.

Last month, South Korea signed a trade pact with the EU to remove trade tariffs.

Read more: http://news.bbc.co.uk/2/hi/business/8346823.stm
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   Replies to this thread
   So India get Soul and Korea gets Tatas.  imdjh   Nov-06-09 09:15 AM   #1 
   Kimchibap is good....  seattle_blue   Nov-06-09 12:38 PM   #2 
   Interesting developement  Vehl   Nov-06-09 04:13 PM   #3 
 
imdjh Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Nov-06-09 09:15 AM
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1. So India get Soul and Korea gets Tatas.
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seattle_blue (77 posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Nov-06-09 12:38 PM
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2. Kimchibap is good....
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Vehl Donating Member (255 posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Nov-06-09 04:13 PM
Response to Original message
3. Interesting developement
Apart from the trade benefits, i smell that there is more going on.

Is this an effort by SK and India to counteract china's naval presence in that area?
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DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat Nov 21st 2009, 05:15 AM
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