EU/Korea Free Trade Agreement

The Council discussed a draft decision on the signature and provisional application of an agreement with South Korea on free trade.

It agreed to return to the issue as soon as possible, with a view to enabling the agreement to be signed and a proposal for a decision on conclusion of the agreement to be sent to the European

Parliament for its consent.

The agreement, initialled on 15 October 2009, provides for the progressive and reciprocal liberalisation of trade in goods and services and includes rules on trade-related issues.