Friday, July 1, 2016

EU trade with South Korea sharply up – Västerbotten Courier

Ahead of this summer’s negotiations on a giant trade agreement between the EU and the US beat the European Commission, and Commissioner Cecilia Malmström, the impact of increased free trade.

in a press release, the Commission indicates that EU exports to South Korea increased by 55 percent since the free trade agreement between the parties entered into force in 2011. Last year, trade between the EU and South Korea a new record level – over 90 billion euros (about 850 billion).

the development should convince opponents that free trade favors Europe, Malmström says in the press release.

last week, sawn French Prime Minister Manuel Valls, the proposed agreement, TTIP, EU and USA. The agreement is contrary to the interests of the EU, according to Valls.

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