Trade sector welcomes EU-South Korea FTA

DESCRIBING the comprehensive free trade agreement between the EU and South Korea as a bold sign against protectionism, EuroCommerce said the FTA positively responds to the needs European retailers and wholesalers.
“In the current economic environment, the EU-Korea deal is exactly the right sign against protectionism. Open markets sustain growth and prosperity,” said EuroCommerce secretary general Xavier Durieu.
"This will not only enhance their competitiveness on the highly challenging Asian market, but also act as a catalyst for European exports," Mr Durieu concluded. EuroCommerce represents the retail, wholesale and international trade sectors in Europe. Its membership includes commerce federations and companies in 31 European countries.
South Korea counts amongst the biggest trading partners of the EU. The trade deal brings European companies access to 50 million consumers and is the most ambitious trade agreement the EU has ever negotiated.Kids Running Shoes