Moscow and Seoul launched their free trade negotiations in 2019.
"We will accelerate adoption of the agreements on free trade in the areas of investment and services with China and Russia, which are currently being discussed," Moon said in his Lunar New Year speech, broadcast by the state KTV channel.
The president added that the country was also step up talks with the Latin American trade bloc Mercosur and Mexico as well as accelerate ratification of the Regional Comprehensive Economic Partnership agreement and the Comprehensive Economic Partnership Agreement with Indonesia.
South Korea will also accelerate free trade negotiations with the Philippines, Cambodia, Uzbekistan and consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade agreement.
Source: Urdu Point
- Intensifying enforcement of the Viet Nam - Israel Free Trade Agreement
- High-tech manufacturing creates key driver of Viet Nam's growth
- EU car industry clashes over strategy to fight Chinese competitors
- Asia-Pacific renewable investment outpaces procurement efficiency
- New carbon market boosts pioneering steel firms
