'수교 70주년' 한국•필리핀 FTA 추진 합의 <br /><br />This year, South Korea and the Philippines are celebrating 70 years of diplomatic relations.<br />And in light of that anniversary, they've decided to pursue a bilateral free trade agreement.<br />South Korea's trade minister Yoo Myung-hee, in Manila on Wednesday,... said she and her counterpart there had agreed to strengthen their ties in economy and trade.<br />They decided to finalize their negotiations in time for November... when the ASEAN-Korea Commemorative Summit will take place in Busan.<br />Bilateral trade last year between South Korea and the Philippines reached 15-point-6 billion U.S. dollars,... making the Philippines South Korea's fifth-biggest trading partner among the ASEAN member countries.<br />The South Korean government said... a bilateral FTA would help to expand Korea's trade and investment. <br />
