S. Korea, China to hold 14th round of FTA follow-up talks on service, investment | Yonhap News Agency

## Summary
OK SEOUL, April 8 (Yonhap) -- South Korea and China are set to hold a fresh round of follow-up negotiations on service and investment under their bilateral free trade agreement (FTA), Seoul's trade ministry said Wednesday. Trade delegations from the two sides will hold the 14th round of follow-up negotiations throughout this week in Seoul, aiming to expand the countries' FTA to include service, investment and finance, according to the Ministry of Trade, Industry and Resources. Korea, China to hold 14th round of FTA follow-up talks on service, investment Next S. Korea, China to hold 14th round of FTA follow-up talks on service, investment

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SEOUL, April 8 (Yonhap) -- South Korea and China are set to hold a fresh round of follow-up negotiations on service and investment under their bilateral free trade agreement (FTA), Seoul's trade ministry said Wednesday.
Trade delegations from the two sides will hold the 14th round of follow-up negotiations throughout this week in Seoul, aiming to expand the countries' FTA to include service, investment and finance, according to the Ministry of Trade, Industry and Resources.
Seoul and Beijing implemented their bilateral FTA in December 2015, removing major tariffs on products. The countries have held 13 follow-up meetings since 2018 to expand the scope of their bilateral trade pact to investment and service sectors.
During a bilateral summit held earlier this year in Beijing, President Lee Jae Myung and Chinese President Xi Jinping agreed to work to make progress in trade negotiations within this year, according to the ministry.
"To produce negotiation outcomes that can help our companies currently facing difficulties amid domestic and external uncertainties, the ministry will actively engage in trade talks so that the follow-up deal can create a free and open environment for trade in services and investment between the two countries," Kwon Hye-jin, director general for trade negotiations at the ministry, said in a press release.
The Ministry of Trade, Industry and Resources headquarters in the central city of Sejong (Yonhap)
nyway@yna.co.kr
(END)
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S. Korea, China to hold 14th round of FTA follow-up talks on service, investment

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## Expert Analysis

### Merits
- During a bilateral summit held earlier this year in Beijing, President Lee Jae Myung and Chinese President Xi Jinping agreed to work to make progress in trade negotiations within this year, according to the ministry. "To produce negotiation outcomes that can help our companies currently facing difficulties amid domestic and external uncertainties, the ministry will actively engage in trade talks so that the follow-up deal can create a free and open environment for trade in services and investment between the two countries," Kwon Hye-jin, director general for trade negotiations at the ministry, said in a press release.

### Areas for Consideration
- Korea to ease multiple-entry visa requirements for Chinese nationals (LEAD) Lee returns home from China trip focused on improving ties Keywords #China FTA Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- Trade delegations from the two sides will hold the 14th round of follow-up negotiations throughout this week in Seoul, aiming to expand the countries' FTA to include service, investment and finance, according to the Ministry of Trade, Industry and Resources.
- During a bilateral summit held earlier this year in Beijing, President Lee Jae Myung and Chinese President Xi Jinping agreed to work to make progress in trade negotiations within this year, according to the ministry. "To produce negotiation outcomes that can help our companies currently facing difficulties amid domestic and external uncertainties, the ministry will actively engage in trade talks so that the follow-up deal can create a free and open environment for trade in services and investment between the two countries," Kwon Hye-jin, director general for trade negotiations at the ministry, said in a press release.
- Korea to ease multiple-entry visa requirements for Chinese nationals (LEAD) Lee returns home from China trip focused on improving ties Keywords #China FTA Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.
- Korea is 'clear warning' (LEAD) Top presidential aide to visit Kazakhstan, Oman, Saudi Arabia to discuss securing crude oil, naphtha N.

### Expert Commentary
This article covers korea, trade, china topics. Notable strengths include discussion of korea. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 527.