S Korea, India to discuss tariff cuts under free trade deal

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SEOUL, July 23 (AFP): South Korea and India will discuss proposed tariff cuts during another round of talks this week on a planned free trade deal, the South Korean government said today.
At a four-day meeting starting in New Delhi Tuesday, the two sides will give details of their initial offers on tariffs, the ministry of agriculture and forestry said.
Seoul and New Delhi started talks on a comprehensive economic partnership agreement (CEPA), similar to a free trade deal, in March 2006.
This week they are also expected to discuss place-of-origin rules for agricultural products and processed goods, the ministry said.
It said both sides have already agreed on the need to make some allowances for agricultural sectors that could be hurt by liberalisation.