- The Washington Times - Wednesday, March 5, 2003

SINGAPORE, March 5 (UPI) — Officials from South Korea and Singapore met this week to discuss the feasibility of a bilateral Free Trade Agreement between the two countries, with a view to present a report this year to their governments.

The first meeting of the Joint Study Group on the Korea-Singapore FTA was Tuesday and Wednesday in Seoul and discussed the "effects, feasibility and scope" of such trade deal, a joint statement said Wednesday. Key issues that are expected to be dealt with in the future negotiations for the Korea-Singapore FTA were discussed.

It has been agreed that the group will meet over the course of the next six months, the next meeting being set for April 23-25 in Singapore. At the end of the period, it will present a joint report to their governments. The two countries will then decide whether to begin the official negotiations, the statement said.

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