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Economy

Seoul to decide on new TPP membership by June

UK, Thailand mull joining Japan-led economic bloc as US protectionism widens

South Korean finance minister Kim Dong-yeon speaks at press briefing in Sejong on March 13. (Photo courtesy of Finance Ministry of South Korea)

SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.

Kim Dong-yeon said that the ministry will take a stand on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, after discussion with other government departments. Trade ministers from 11 countries gathered in Santiago, the capital of Chile, to sign the agreement earlier this month.

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