Seoul, Beijing to hold 15th round of FTA follow-up talks on services - The Korea Times

President Lee Jae Myung, left, shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing, Jan. 5. Yonhap

Korea and China kicked off a new round of follow-up negotiations on services and investment under their bilateral free trade agreement (FTA), Seoul's trade ministry said Monday.

Trade delegations from the two sides will hold the 15th round of follow-up negotiations throughout this week in Beijing from Monday to Friday, according to the Ministry of Trade, Industry and Resources.

Seoul and Beijing implemented their bilateral FTA in December 2015, eliminating tariffs on a wide range of products.

The two countries have held 14 rounds of follow-up negotiations since 2018 to expand the scope of the trade pact in the services and investment sectors.