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South American countries hold free trade talks with South Korea.

Asia Africa Intelligence Wire

| May 08, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report in English by South Korean news agency Yonhap

Seoul, 8 May: South Korea is making progress in its efforts to promote free trade with some Latin American states, including Brazil, Argentina, Uruguay and Paraguay, Seoul officials said Sunday [8 May]. South Korea, which already has a free trade agreement in effect with Chile, is trying to make similar arrangements with other countries in the region.

Delegates from South Korea and the four South American countries met in the Paraguayan capital of Asuncion on 4-5 May and agreed to come up with a joint free trade proposal in 2006, the South Korean …

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