EU member states have clinched a compromise on the provisional application of a free trade agreement with South Korea, giving Italy an additional six months to prepare its auto industry for the opening-up of the EU market.
"It is a very big step in opening markets in Asia for our companies and this will create prosperity and jobs, of course in Korea, but also in Europe," Belgian foreign minister Steven Vanackere said on Thursday (16 September) during a press conference in Brussels.
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