Defend Truth

EU signs $28 billion trade deal with South Korea

The world’s largest trading zone, the European Union, and South Korea have finally come to an agreement about a wide range of trade and development issues. The trade between the two sides is already around $98 billion annually and lowering barriers will see Europeans competing in services, manufacturing and agriculture. While EU officials call the deal “the most important free trade agreement ever negotiated [with] a third country", many are crying foul at the level of European markets’ openness created by the deal.

Gallery

Please peer review 3 community comments before your comment can be posted

We would like our readers to start paying for Daily Maverick...

…but we are not going to force you to. Over 10 million users come to us each month for the news. We have not put it behind a paywall because the truth should not be a luxury.

Instead we ask our readers who can afford to contribute, even a small amount each month, to do so.

If you appreciate it and want to see us keep going then please consider contributing whatever you can.

Support Daily Maverick→
Payment options