Seoul, Dec 9 (IANS): South Korea and China have agreed to implement their bilateral free trade agreement from December 20, Seoul's foreign ministry said on Wednesday.
The two nations continued negotiations to rapidly implement the agreement after Chinese Premier Li Keqiang and South Korean President Park Geun-hye shared views of the implementation on October 31, Xinhua reported.
The two leaders met in Seoul on the sidelines of the trilateral summit meeting with Japanese Prime Minister Shinzo Abe and discussed the agreement.
China and South Korea completed respective procedures necessary for the FTA implementation as rapidly as possible to maximise the benefits for companies from the free trade accord, the ministry said.