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Chile, South Korea to sign free trade accord on 15 February during Lagos visit.
(From BBC Monitoring International Reports)
Seoul, 20 January: South Korea and Chile have agreed to sign a free trade agreement (FTA) on 15 February, the Ministry of Foreign Affairs and Trade said [on] Monday [20 January].
As an FTA usually becomes effective 30 days after the parties concerned exchange written ratification of the trade-related deal by their national assemblies, the agreement between South Korea and the South American country is expected to come into effect in the first half of the year.
The ministry announced its plan [on] Monday to hold a signing ceremony for the pact [on] 15 February during Chilean President Ricardo Lagos's visit …
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