EU SIGNS TRADE DEAL WITH SOUTH KOREA
October 1st, 2009
BY KEITH NUTHALL
THE CLOTHING and textile sector will benefit from a trade agreement that signed today by the European Union (EU) and South Korea. The deal, said a European Commission note, is "estimated to be worth up to Euro 19 billion in new trade for EU exporters [and] will remove virtually all tariffs between the two economies," with EU shoe, leather and fur goods exporters already enjoying a healthy surplus in trade with South Korea, it added.
ENDS
THE CLOTHING and textile sector will benefit from a trade agreement that signed today by the European Union (EU) and South Korea. The deal, said a European Commission note, is "estimated to be worth up to Euro 19 billion in new trade for EU exporters [and] will remove virtually all tariffs between the two economies," with EU shoe, leather and fur goods exporters already enjoying a healthy surplus in trade with South Korea, it added.
ENDS
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