Trade commission recognizes damage from EU FTA to S. Korean firms

SEJONG, Sept. 27 (Yonhap) -- South Korea's trade commission has recognized damage to five local firms from the country's bilateral free trade agreement (FTA) with the European Union, the government said Friday.

In a meeting held earlier in the day, the National Trade Commission accepted claims from three local pork processing companies that have suffered damage from the growing market share of European suppliers, the Ministry of Trade, Industry and Energy said in a press release.