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Thursday, 30 September 2010

Council authorises signature of EU-Korea Free Trade Agreement

The Foreign Affairs Council, in the margins of the European Council of mid September, has authorised the signature of the EU-Korea Free Trade Agreement. This is a key step towards making this deal a reality. The EU-Korea Free Trade agreement is the most ambitious trade agreement ever negotiated by the EU. It breaks new ground in delivering market access for European companies as well as the way regulatory issues are addressed. The FTA is the EU's first deal with an Asian partner and a clear signal that the EU is open for business.

Source: European Commission

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