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Key eyes Korea


Melody Brandon
Mon, 19 Mar 2012

Prime Minister John Key hopes to strengthen economic ties with Korea - New Zealand's fifith biggest trading partner - next weekend.

“We have strong and wide‑ranging ties with Korea.  One of the aims of my visit will be to progress negotiations on a bilateral Free Trade Agreement.  Korea is our fifth largest trading partner, with two-way trade worth around $3 billion,” Mr Key said during a post cabinet press conference.

Mr Key will meet President Lee Myung- bak when he attends the second Nuclear security summit in Seoul on Monday.

The visit coincides with the 50th anniversary of the establishment of diplomatic relations between New Zealand and Korea.

“A free trade agreement between the two countries would unlock the potential for greater trade, investment and people flows between our two countries,” Mr Key says.

Melody Brandon
Mon, 19 Mar 2012
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Key eyes Korea
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