South Korea considers joining CPTPP

(VOVWORLD) - South Korea is considering becoming a member of a major Asia-Pacific free trade agreement, known as the CPTPP, in an effort to diversify its export market, President Moon Jae-in told the 57th Trade Day ceremony in Seoul on Tuesday.

He also stressed the need to build the strength of the country's trade for the post-coronavirus era.

It's the first time that President Moon has talked in public about the possibility of South Korea joining the CPTTP. Last month, South Korea signed another mega FTA, called the Regional Comprehensive Economic Partnership (RCEP). The bloc covers 30% of the global economy.

Related News