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EU UPDATE: South Korea - FTA Conference Brussels

DG TRADE is organizing a full one day conference at which it will set out how the European Commission intends to implement the provisions of the EU-South Korea Free Trade Agreement  (the FTA text is available here)

In relation to tariffs, the FTA will eliminate 98.7% of duties in trade value for industrial and agricultural products between South Korea and the EU within 5 years from the entry into force of the FTA.

The remaining products, with a few exceptions in the agricultural sector, will become duty free over longer transitional periods.

The detailed programme is available

Registration is open until 17 October 2011 via the DG TRADE website here.

Signature of the FTA

Signature of the FTA, from left to right, in the foreground, seated: Kim Jong-Hoon, Steven Vanackere and Karel De Gucht, in the background, standing: Lee Myung-bak, Herman van Rompuy and José Manuel Barroso

Photo Credit © European Union, 2011

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