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THE INVESTOR] South Korea and Mongolia are to push for a trade agreement.
According to Seoul’s presidential office, South Korean President Park Geun-hye and Mongolian President Tsakhiagiin Elbegdorj agreed on the issue during their meeting on July 17.
Seoul said that the two countries agreed to launch a feasibility study on forming an economic partnership agreement saying that the development was tantamount to the two nations working on a free trade agreement.
The two nations will complete the preparations for the study within the year, and launch the study later this year or early next year.
By Choi He-suk (
cheesuk@heraldcorp.com)