SEOUL (Financial Times) -- South Korea will apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, after China's application to the regional trade pact assuaged Seoul's fears of upsetting its biggest trade partner.
Seoul's concern of angering big trade partner fades; timing remains undecided
A container terminal at Incheon port in Incheon. South Korea had been hesitant about joining a trade pact initially pushed by the U.S., partly due to concerns about damaging relations with Beijing. © Reuters
SEOUL (Financial Times) -- South Korea will apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, after China's application to the regional trade pact assuaged Seoul's fears of upsetting its biggest trade partner.