1. On June 1, Foreign Minister Yun Byung-se met with Chinese Minister of Commerce Gao Hucheng, who is visiting the Republic of Korea to sign the ROK-China FTA.

2. Minister Yun extended a welcome to Minister of Commerce Gao Hucheng, who is on a visit to the ROK to sign the ROK-China FTA, which will mark an important milestone in economic cooperation between the two countries. Minister Yun also stated that he expects the ROK-China FTA to not only increase trade between the two countries, but also deepen and develop bilateral relations in all economic sectors, including investment, people-to-people exchange, legal harmonization, and the elimination of non-tariff barriers.

3. Minister Yun said that after the signing of the ROK-China FTA, the ROK government will steadily push forward follow-up measures, including the preparation of domestic complementary measures and the National Assembly’s ratification of the FTA. Minister Yun also asked the Minister of Commerce to work together to ensure that the peoples of the two countries can enjoy the benefits of the ROK-China FTA at the earliest possible date.


*unofficial translation