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China-ROK FTA officially comes into force on Dec 20

Updated: Dec 20,2015 3:24 PM     Xinhua

A customer selects item at Lotte department store, South Korean shopping mall, in Weihai, east China’s Shandong province on De. 19, 2015. The free trade agreement (FTA) between China and South Korea will officially come into force from Dec 20, 2015. Under the deal, both countries will eliminate tariff on more than 90 percent of traded goods within 20 years after the implementation. [Photo/Xinhua]

A cargo ship from South Korea arrives in the port of Weihai, east China’s Shandong province on Dec 19, 2015. The free trade agreement (FTA) between China and South Korea will officially come into force from Dec 20, 2015. Under the deal, both countries will eliminate tariff on more than 90 percent of traded goods within 20 years after the implementation.[Photo/Xinhua}