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Australia FTA stalled in Assembly

2014-11-12 08:28:16| Steel - Topix.net

Conflicting industrial and agrarian interests in the South Korean parliament could push the final ratification of the Korea-Australia free trade pact to sometime next year, sources close to policymakers in Seoul said on Tuesday. The free trade agreement known as KAFTA was signed by South Korean and Australian authorities on April 8. Parliaments of both nations must approve the treaty for it to come into force.

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