9th Round of Korea-New Zealand FTA Talks Wrap Up

The Ministry of Trade, Industry and Energy announced that the ninth round of talks for the conclusion of the Korea-New Zealand FTA continued until the morning of Oct. 17. At first, the negotiations had been scheduled to take place in Seoul from Oct. 15 to 16.

Both parties came to agree with each other to a significant extent regarding most of the issues, such as place of origin rules and the scope of cooperation.

However, they failed to reach an agreement as to how much to open the agricultural and fisheries markets of Korea.

“We will try harder to narrow the opinion gap,” said the ministry. The two governments are planning to discuss when to hold the tenth round of talks in the near future.