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EU-South Korea FTA to be Re-Submitted for Translation Errors

Xinhaunet reports that a ratification bill for a free trade agreement between South Korea and the European Union will be submitted to South Korean parliament again due to minor translation errors. The pact, if it goes into effect in July…

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as scheduled, will eliminate about 98 percent of tariff and other trade barriers on manufactured goods, agricultural products and services over the next five years. (See ITT's Online Archives or 02/18/11 news, 11021826, for BP summary of the EU Parliament's approval of the FTA.)