According to the Ministry of Commerce, China and South Korea held the 15th round of negotiations on the second phase of their bilateral free trade agreement in Beijing from June 22 to 26. The two sides conducted in-depth discussions on cross-border service trade, financial services, and market access issues under the negative list approach, achieving positive progress.
Both countries agreed to complete the second phase of negotiations at an early date and further enhance the level of openness in service and investment cooperation, bringing concrete benefits to enterprises and people from both nations.