1. The third round of Korea-EU FTA negotiations was held from September 17 to 21 in Belgium, Brussels.

 

2. Concerning tariff offers, although not much progress was made due to a difference of opinion on Korea’s 
revised offer, momentum was maintained through unofficial bilateral talks where the two sides agreed to 
exchange opinions on evaluations of the offers made by both sides by comparing them to the Korea-U.S. 
FTA.

 

3. In other sectors, talks proceeded relatively quickly and there were efforts made on both sides to enhance 
understanding of each side’s system.

 

O An exchange of opinion was made on non-tariff barriers in the fields of automobiles, electric and 
electronics, pharmaceuticals, wine and liquor, based on the EUs proposal.

 

O Both sides clarified each others liberalization plan in the service and investment sector and agreed to 
establish a mechanism to mutually acknowledge qualifications for professional jobs.

 

O The two sides agreed to establish a customs clearance cooperation committee, while continuing to work 
together to set categories in articles and ensure that the procedures for customs clearance do not face any 
detours.

 

4. The fourth round of Korea-EU FTA negotiations will be held from October 15-17 in Seoul.

 

                                                      Spokesperson for MOFAT

* unofficial translation