Pak-Korea free trade agreement likely in 2017

Pak-Korea

KARACHI: Free Trade Agreement between Pakistan and Korea is likely to be finalised by 2017.

Advertisement

Talking to newsmen in Karachi, Consul General of Korean Embassy Kim Donggi said negotiations for the agreement have already started.

He said FTA will increase the bilateral trade, which currently stands at around 1.7 billion dollars. He said Pakistan’s exports to Korea are estimated at 402 million dollars.

To a question, he said cooperation can be increased in many areas, including information and communication technology.