ISLAMABAD: South Korean Ambassador Suh Sangpyo has said that bilateral trade between Pakistan and the Republic of Korea can tremendously increase if the two friendly countries sign a Free Trade Agreement (FTA). “In the case, South Korea and Pakistan sign the Free Trade Agreement (FTA), it will be very good for boosting bilateral trade between both countries. Even though we have not yet started working on Korea, Pakistan Economic Corridor (KPEC) but nonetheless in almost all major Pakistani economic sectors Koreans are having bilateral ties with Pakistan,” he added. Lastly on being asked about the stalled peace process between South and North Korea, Ambassador Suh Sangpyo wrapped the discussion by saying that South Korea is always open to starting any kind of peaceful contact with North Korea to promote good relations. We hope that North Korea gets more actively engaged in improving it’s not only with South Korea but also with other countries,” he concluded.

Source: Pakistan Today August 26, 2021 15:11 UTC