Engage in negotiations on relevant products and services, investment

Chief FTA negotiator Lee Kyung-sik of the Trade, Industry and Energy Ministry (MOTIE) led the South Korean delegation in the 5th round of Korea-GCC (Gulf Cooperation Council) FTA negotiations held in Riyadh, Saudi Arabia on June 6.

The senior FTA negotiator gave opening remarks and facilitated negotiations on relevant products and services, investment, e-commerce, customs clearance, sanitary and phytosanitary measures (SPS), technical barriers to trade (TBT) and SMEs collaboration.

The Korean delegates (left side) hold a meeting with their counterparts in the 5th round of Korea-GCC FTA negotiations held in Riyadh, Saudi Arabia on June 6.
The Korean delegates (left side) hold a meeting with their counterparts in the 5th round of Korea-GCC FTA negotiations held in Riyadh, Saudi Arabia on June 6.

The South Korean delegation was composed of officials from various ministries, including the Ministry of Economy and Finance (MOEF), the Ministry of Agriculture, Food and Rural Affairs (MAFRA), the Financial Services Commission (FSC), the Ministry of Oceans and Fisheries (MOF) and the Korea Customs Service (KCS).

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