select languages
Business_titleIndustryEconomyMarketlmenu_bottom
mostview_topstock
mostview_bottom
latestnewslatestnews RSS
Market
Home > Business > Market
(News Focus) China-Taiwan trade deal seen to negatively affect Korean exporters
By Kim Young-gyo
HONG KONG, June 29 (Yonhap) -- A new trade pact signed between China and Taiwan Tuesday is expected to have a negative impact on South Korean exporters as many of them are competing against Taiwanese companies, experts said.

China and Taiwan agreed to eliminate tariffs on 539 items of Taiwanese goods worth US$13.83 billion. The so-called Economic Cooperation Framework Agreement (ECFA) covers services and investments as well as competition and other issues.