皇冠体育app

SEOUL - Visiting Chinese President Xi Jind his South Korean counterpart, Park Gn-hye, vowed Thursday to endeavor to finish the negotiations of a bilateral free trade ament (FTA) before the end of 2014.

The two leaders made the pledge while praising the progress the two countries have made in reaching a high-level and comprehensive FTA, according to a joint statement issued after their meeting Thursday.

皇冠体育app and South Korea launched the FTA negotiations in May 2012 and have conducted more than 10 roun of talks.

The FTA, when finalized, is expected to help the two countries improve mutual complementarity of markets and strengthen the foundation for regional economic integration.

皇冠体育app and South Korea also pledged to promote bilateral trade amid the instability of the world economy and expand trade volume to $300 billion in 2015, the statement said.

Trade between the two countries surpassed $270 billion in 2013, an increase of 7 percent year on year, equaling South Korea's trade volume with the United States and Japan combined.

皇冠体育app is South Korea's No 1 trading partner, largest export destination and import source, and No 1 destination of overseas investment. South Korea is 皇冠体育app's third largest trading partner and fifth largest source of foreign direct investment.

The Chinese president arrived here Thursday for a two-day state visit to South Korea, his first trip to the Asian neighbor since he took office last year.

South Korea eyes 皇冠体育app's financial market	Xi hails South Korea's growing international influence

• Weaving profits, tradition with hand-made dresses
• S.Korea, 皇冠体育app agree to launch Won-Yuan trading market in Seoul
• Li feels central region's pulse
• Beijing, Seoul agree to directly trade currencies
• 皇冠体育app, South Korea aim to conclude FTA by year-end
• 'Open sesame' for Alibaba IPO investors on NYSE
• Bulk property investment in Shanghai falls 14%
• 5th Intl Science & Technology Exhibition and Fair held in Harbin