On November 4, Minister of Commerce Wang Wentao met with Kim Jeong-gwan, South Korea's Minister of Industry and Trade, leading a delegation to the 9th China International Import Expo in Shanghai. The two sides exchanged views on topics such as economic and trade relations between China and South Korea and the China-Korea Free Trade Agreement. Wang Wentao said that since last year, President Xi Jinping and President Li Zaiming have successfully exchanged visits, providing strategic guidelines to promote bilateral economic and trade cooperation. The two sides should jointly implement the important consensus reached by the heads of state of the two countries, speed up negotiations on the second phase of the China-South Korea FTA, and push the bilateral economic and trade relations deeper and more practical. Kim Jong-kwan said that South Korea is willing to work with China to earnestly implement the important consensus reached by the heads of state of the two countries, speed up negotiations on the second phase of the Korea-China FTA, and inject new impetus into the development of economic and trade relations between South Korea and China.

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