In light of the 70th anniversary of diplomatic ties between South Korea and the Philippines,.... the two sides have decided to pursue a bilateral free trade agreement.<br />South Korea's trade minister Yoo Myung-hee visiting Manila on Wednesday... and said,.... she agreed with her Philippines counterpart to strengthen their ties in economy and trade.<br />They decided to finalize their talks in time for November... when the ASEAN-Korea Commemorative Summit will take place in Busan.<br />Bilateral trade between Seoul and Manila reached 15-point-6 billion U.S. dollars last year,... making the Philippines the fifth largest trading partner for South Korea among ASEAN member nations.<br />The South Korean government said,.... a bilateral FTA would help to expand Korea's trade and investment. <br />
