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Korea's trade ministry said Tuesday it has agreed with the European Union to launch negotiations for a digital trade agreement in line with efforts to seek broader partnerships in online commerce and data industries.
Korea and Singapore agreed Monday to conclude their digital trade pact this year in a move to deepen broader trade and economic ties, Seoul’s trade ministry said.
Global commerce targets and rules have changed over the years. The General Agreement on Tariffs and Trade (GATT) that took effect in 1948 was mostly based on the international trade of industrial products. The Uruguay Round...
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