SEOUL, SOUTH KOREA – The sixth round of revived negotiations between the Riyadh-based Gulf Cooperation Council (GCC) and the Republic of Korea to reach a free trade agreement was launched in the South Korean capital of Seoul Tuesday and lasts until October 28.
The two sides expressed readiness to advance discussions on a free trade agreement after a 13-year suspension.
The agenda of the sixth round include trade in goods and services, investment, digital trade, and intellectual property rights.
Since January 19 this year, the GCC and South Korea have held three rounds of trade negotiations.
This reflects the serious determination in GCC and the Republic of Korea to go-ahead with FTA.