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May 08, 2007 Tuesday Rabi-us-Sani 20, 1428





S. Korea-EU trade talks


SEOUL, May 7: South Korea and the European Union on Monday started free trade talks aimed at linking Asia's third largest economy to the world's biggest trading bloc.

South Korea, fresh from a landmark pact with the United States, hopes to become a free trade hub linking America and Europe and to steal a march on its export rivals China and Japan.

The EU sees a deal, which Seoul hopes to conclude within a year, as giving it a bridgehead in Northeast Asia.—AFP






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