Korea, Australia sign FTA after years of negotiations

SEOUL, April 8 (Xinhua) -- South Korea and Australia singed a free trade agreement (FTA) Tuesday in Seoul after five years of negotiations, the South Korean trade ministry said.

South Korean Minister of Trade, Industry and Energy Yoon Sang- jick and his Australian counterpart Andrew Robb sealed the bilateral free trade pact in Seoul attended by President Park Geun- hye and Prime Minister Tony Abbott.

The Australian prime minister arrived in Seoul Tuesday morning to hold a summit with Park after visiting Japan to wrap up its separate FTA with Japan.

Source: Xinhua