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Pakistan seeks free trade agreement with South Korea

April 14, 2014

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Prime Minister Nawaz Sharif. — File photo
Prime Minister Nawaz Sharif. — File photo

ISLAMABAD: Prime Minister Nawaz Sharif said Monday that Pakistan sought a free trade agreement with South Korea, DawnNews reported.

Sharif met the visiting South Korean premier Chung Hong-won in the federal capital.

Following the meeting, diplomatic talks were held between the delegations of the two countries.

The delegations were led by the respective premiers of the two countries.

The Pakistani delegation comprised Khurram Dastgir and Ahsan Iqbal whereas the Korean delegation included its deputy information minister and deputy commerce minister.

On the occasion, Sharif said Pakistan wanted a free trade agreement with South Korea and a joint business forum would assist in boosting energy, communications and basic infrastructure.

He, moreover, said that for the next three years the two countries would forge a strategic business partnership and also expressed the hope that South Korean would increase scholarships for Pakistani students.

Meanwhile, Hong-won said that the two countries would have to promote mutual cooperation in the fields of energy, trade and economy.