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Korea and Colombia launch trade pact

Friday, July 15, 2016

The free trade agreement between Korea and Colombia will take effect today, opening doors wider for Korean exporters to Latin America's third-largest market.

"Colombia is an important member of the Pacific alliance leading Latin American economies. The Korea-Colombia FTA will provide new opportunities for businesses of both countries," said Kim Hak-do, Korea's deputy trade minister.

Source: Korea Times