Mercosur and South Korea hold the first round of negotiations on a new trade agreement

Mercosur and South Korea held the first round of negotiations on a new trade agreement. The discussion included topics such as goods and services, investment, public procurement, and e-commerce. A summary was produced by the Secretariat of Mercosur. According to the government of Argentina, the agreement is expected to improve access conditions to the Korean market for agro-industrial products by reducing tariffs and harmonizing technical, sanitary and phytosanitary measures. Korea is the first country of the Asia-Pacific region with which Mercosur has begun negotiations.