S. Korean parliament ratifies free trade agreement with China
Source: Xinhua
South Korea's parliament on Monday ratified its free trade agreement (FTA) with China during the plenary session.
The ratification bill on the China-South Korea free trade accord was passed through the National Assembly by a majority of 196 to 33 with 36 abstentions.
China and South Korea signed the bilateral FTA in June after three years of negotiations. Under the deal, the two sides will eliminate tariffs on more than 90 percent of traded goods each within 20 years after implementation.
South Korea expected the free trade accord with China to raise its real GDP by 0.96 percentage points and create about 53,000 new jobs in the next 10 years.
Read more: http://news.xinhuanet.com/english/2015-11/30/c_134869809.htm
davidpdx
(22,000 posts)I happened to catch some of it on the local news and people were going ape shit. It was one or two notches away from a full blown riot. I don't know that I'd go up against the South Korean Police though. They are pretty fierce.
Feeling the Bern
(3,839 posts)davidpdx
(22,000 posts)Those are specifically riot police trained to deal with situations like that.