Prime Minister Han Duck-soo said Thursday that South Korea will push to expand free trade agreements (FTAs) with emerging markets in Asia and Africa to boost the export-driven economy and enhance supply chain resilience.
Han unveiled the trade policy road map during a ministerial meeting to address challenges from the rapidly changing global trade environment and supply chain disruptions.
“We will expand the FTA network in major emerging markets, including Asia and Africa, to support local companies’ businesses in their global business efforts,” Han said. Han said the government will explore ways to stabilize supply chains of key items through regional trade deals like the Indo-Pacific Economic Framework (IPEF) and bilateral pacts with key partner countries.
https://m-en.yna.co.kr/view/AEN20240822003551315?section=national/politics
