Turkey signs free trade deal with S Korea

South Korea and Turkey signed a preliminary agreement on a free trade deal that will eliminate all tariffs imposed on goods traded between the two nations, the economy ministry said Monday. The Free Trade Agreement (FTA) was reached between South Korea and Turkey, three years after the two countries started negotiating the deal, according to the Ministry of Knowledge Economy. The agreement planned to be completed in the first half of this year, and ratified by the parliament later this year. “This agreement was only about goods and products traded between the two nations,” an official at the ministry told Xinhua.