Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed on Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources, report…
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Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources. Friday’s …
Bogota, April 11 (IANS) Colombia’s trade ministry said that it will raise tariffs on imports from neighboring Ecuador to 100 per cent from 30 per cent, matching a decision made a day earlier by Quito, as tensions between the two countries escalate.Trade Minister Diana Morales said on Friday in a statement that Ecuador’s latest tariff hike from 50 per cent to 100 per cent forced Colombia to align its policy, accusing the Quito move of distorting competition and harming domestic producers of both …
Seoul, April 9 (IANS) South Korea has yet to receive any official request from Iran on fees for passage through the Strait of Hormuz, a Seoul official said on Thursday, adding that the government is still working to identify the situation surrounding the major shipping route amid a fragile two-week ceasefire between the United States and Iran.”There has been no request from Iran for transit fees or payments,” Yang Ghi-wuk, deputy minister for trade, industry and resource security, said in a regu…