SKorea, EU see trade boost as way out of crisis | Bangkok Post: news

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SKorea, EU see trade boost as way out of crisis

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EU leaders and South Korean President Park Geun-Hye agreed at summit talks Friday to give fresh impetus to a ground-breaking trade agreement as a way out of the economic doldrums. 

Korean President Park Geun-Hye (L) gives a press conference on November 8, 2013 after a EU-Korea summit with European Council President Herman Van Rompuy (C) and EU Commission Chairman Jose Manuel Barosso (R) at EU headquarters in Brussels

"Europe's prosperity is linked to that of others such as Korea's," European Union president Herman Van Rompuy said at the close of an EU-Korea summit marking 50 years of diplomatic ties. "The answer is not protectionism but an increased opening of markets."

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