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EU says "enormous" progress made in trade talks with SKorea Fame it!
Posted on Jan 31 2008 11:50 PM by Asif
Filed Under: Europe , Economy ,

The European Union made "enormous progress" in its latest round of free trade talks with South Korea but some sticky issues are still unresolved, the chief EU negotiator said Friday."We have achieved enormous progress in this round of negotiations, although there are still some issues outstanding," Ignacio Garcia Bercero told reporters on the fifth and last day of the talks, the sixth since May last year.Garcia Bercero reported progress in areas such as trade subsidies and intellectual property rights and said the two sides are close to an agreement on roughly 70 percent of the issues."We expect the difficult issues to see progress in the next negotiation session," Yonhap news agency quoted him as saying. No date for this has yet been set.



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