South Korea's exports in September tumbled from a year ago due to fewer working days and a high base effect, government data showed on Oct. 1.Outbound shipments totaled US$50.58 billion last month, down 8.2 percent from a year ago, while imports amounted to $40.83 billion, a drop of 2.1 percent.
The trade ministers of South Korea and the United States have signed the revised KORUS FTA, which will take effect after parliamentary ratification in each country.Trade Minister Kim Hyun-chong and USTR Robert Lighthizer signed the revised agreement in New York on September 24 (local time). Accordin
South Korean Trade Minister Kim Hyun-chong and Chinese Commerce Minister Zhong Shan met with each other on June 27 in Beijing to discuss more bilateral economic cooperation.At the meeting, the South Korean trade minister proposed a high level of service market opening and more investor protection in