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South Korea plans to sign three free trade agreements by the end of the year

By the end of 2014, Seoul plans to sign three free trade agreements - with China, New Zealand and Vietnam, according to IA RUSKOR.

At the next government meeting, Prime Minister Chung Hong-won said that the government would take steps to conclude bilateral trade agreements in the remaining two or more months to the end of the year.

At the summit in Seoul earlier this month, Seoul and Hanoi reaffirmed their desire to conclude a deal before the end of 2014. Meanwhile, South Korea and New Zealand completed their ninth round of free trade talks in Seoul last week.

South Korea is increasingly closer to concluding an agreement with Beijing, although there are still disagreements on industrial goods and agricultural products.

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