S Korea to hold working-level trade talks with China
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South Korea's trade ministry said Tuesday it will hold working-level talks with China this week on various pending issues related to a bilateral free trade deal.
According to the ministry, the one-day meeting will be held in Tangshan, Hebei Province of China on Wednesday.
Seoul and Beijing have recently completed a joint study on the feasibility of a bilateral free trade agreement, which led to a sealing of a memorandum of understanding (MOU) to hold additional talks on thorny issues.
The two-way trade volume reached 73.7 billion U.S. dollars last year, with China importing 46.1 billion U.S. dollars, said the trade ministry.
In May, Chinese Premier Wen Jiabao and South Korean President Lee Myung-bak said to beef up efforts to settle a free trade agreement between the two countries.
