UPDATE: New Zealand, South Korea conclude free-trade agreement

Sat, 15 Nov 2014

(Adds Key comment on Saudi Arabia meeting) By Tina Morrison Nov. 15 (BusinessDesk) - New Zealand and South Korea have concluded a free-trade agreement that's expected to cut into export tariffs in the nation's sixth-largest export market that currently run to about $230 million a year. The deal, which was announced on the sidelines of the G20 Leaders' Summit in Brisbane, will initially eliminate tariffs on 48 percent of current New Zealand exports, with duties largely eliminated within 15 years. South Korea has said it also aims to...

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