Australia, S. Korea Notch Free Trade Pact

Law360, New York (December 5, 2013, 3:04 PM EST) -- Australia and South Korea said Thursday they have reached a free trade agreement, a deal that would reduce steep tariffs on Australian agricultural exports and immediately cut tariffs on certain South Korean car exports.

In a joint statement, Australia Prime Minister Tony Abbott and Trade and Investment Minister Andrew Robb said their country had finished up negotiations for a free trade pact with South Korea, adding that the deal would be a boon for the Australian economy.

"As a result of the agreement, tariffs will be...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.