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South Korea takes step to join CPTPP, following China and Taiwan

Seoul to discuss membership in Asia-Pacific trade pact with public stakeholders

Pyeongtaek port in Pyeongtaek. "South Korea will initiate relevant procedures ... to push for the membership at the CPTPP," minister Hong Nam-ki says.   © Reuters

SEOUL -- South Korea will start the process for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, seeking to not be left behind on a key economic treaty in the region.

Finance Minister Hong Nam-ki said on Monday that the government will kick off discussions with a wide range of stakeholders in society as a step toward applying for CPTPP membership.

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