Korea-Peru Free Trade Coffee will be Zero tariff
South Korea's parliament passed a motion to ratify the Korea-Peru Free Trade Agreement on the 29th, in which Korean color TV sets and Peruvian coffee will be subject to zero tariffs immediately after the agreement comes into force.
SEOUL, June 29 (Xinhua Ban Wei) South Korea's National Assembly 29 passed the South Korea-Peru Free Trade Agreement ratification motion. The agreement is scheduled to enter into force on August 1.
South Korea's Ministry of Foreign Affairs and Trade said in a statement on the same day that the two governments are currently negotiating specific implementation details of the agreement so that the agreement can enter into force smoothly as planned. The agreement will greatly enhance trade, investment and resource cooperation between the two countries and will also help South Korea further open up the South American market.
According to the agreement, South Korea and Peru will gradually abolish tariffs on all import and export commodities within 10 years after the agreement comes into effect. Among them, Korean color TV sets and Peruvian coffee will be subject to zero tariffs immediately after the agreement comes into effect. South Korean bulk industrial products such as automobiles and household appliances and Peruvian bulk agricultural products such as asparagus and bananas will be reduced or exempted in stages.
It is reported that the bilateral trade volume between South Korea and Peru last year was 1.98 billion US dollars. South Korea's main export products to Peru are automobiles, machinery, computers, plastics, etc., while its import products from Peru are mainly ores, oil, coal, coffee, alcohol, etc. South Korean investment in Peru is mainly concentrated in the mining and energy sectors.
South Korea and Peru launched the first round of negotiations on a free trade agreement in March 2009, reached a final agreement in August last year, initialed it in November of the same year and formally signed it in March this year.
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
The Free Trade Agreement between China and Costa Rica will enter into force on August 1
After friendly consultation and written confirmation, the China-Costa Rica Free Trade Agreement entered into force on the same day. In the field of trade in goods, China and Colombia will implement zero tariff on more than 90% of their products in stages. According to the agreement, China's textile raw materials and products, light industry, machinery, electrical equipment, vegetables, fruits, automobiles, chemicals, raw fur and leather and other products and Costa Rica
- Next
The second China-ASEAN Industry Cooperation meeting was held on July 3.
On July 3, the second Kunming Conference on China-ASEAN Industry Cooperation will be held in Kunming Haigeng Hall. The theme of the meeting is China-ASEAN Free Trade area: building interconnection between industries. The meeting was jointly organized by the Chinese Secretariat of the China-ASEAN Business Council and the Kunming Municipal Government with the support of the Chinese Ministry of Commerce and the China Council for the Promotion of International Trade. The meeting will invite the ASEAN Secretariat and relevant ASEAN countries.
Related
- Caught off guard! Starbucks '15-year-old store quietly closes!
- Naixue Drink drank a stone and claimed a claim was retaliated by the merchant?!
- What is the difference between a cake filter cup and a V60 conical filter cup? What are the advantages and disadvantages of the flat-bottomed filter cup brewing solution?
- What is the difference between fine coffee powder and medium coarse coffee powder? Do I need to sift out the fine coffee powder for making coffee by hand?
- Why does hot American coffee taste bitter? Difference in proportional concentration between hot American and ice American
- Is espresso stored overnight in the refrigerator harmful to your body? Is frozen coffee better than freshly ground coffee?
- What parameters and proportions of water temperature should be used to grind and brew fresh coffee beans? Why can't I drink freshly roasted coffee right away?
- Customers have "changed" Manner's new products! Shop assistant: Please don't mess around!
- Remove sockets in customer areas at Starbucks stores?! Netizen: I won't go if I really tear it down
- What is the difference between the taste steps of sun-dried coffee and washed coffee? Why is sun-cured coffee sweeter and washed coffee sour?