Trade Minister Yeo Han-koo presides over a meeting about industrial exports in Ulsan on May 29. [NEWS1]
Korea and Serbia struck a comprehensive economic partnership agreement (CEPA), which is expected to help the two nations bolster trade ties and address global economic uncertainties, the Trade Ministry said Friday.
Trade Minister Yeo Han-koo signed the agreement in Belgrade with his Serbian counterpart, Jagoda Lazarevic, some two years after the two countries kicked off negotiations in September 2024.
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It marks the first trade agreement signed by Korea with a Balkan nation.
