The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
S. Korea prioritizes Asia trade pacts over Pacific partners
May 17, 2012 04:07

WASHINGTON - South Korea will monitor Trans-Pacific Partnership negotiations while it pursues competing free trade pacts with Asian partners, but Seoul hopes the various regional trade agreements will one day merge, Trade Minister Taeho Bark said on Wednesday.

The proposed Trans-Pacific Partnership (TPP) pact is a pillar of Washington's efforts to help propel US economic growth. The US partners are Australia, New Zealand, Chile, Peru, Singapore, Malaysia, Vietnam and Brunei.

South Korea, which is studying the idea of joining the TPP, feels it can wait out early rounds, now that a bilateral Korea-US free trade agreement has been implemented, Bark said in a speech in Washington.

Share this article via
from around the web
Related Content
Breaking news
February 27, 2017
IDF confirms strikes on Hamas in Gaza


Top Stories
Israel Weather
  • 13 - 25
    Beer Sheva
    14 - 22
    Tel Aviv - Yafo
  • 15 - 22
    15 - 23
  • 16 - 31
    13 - 25