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Belarus and Korea sign bilateral protocol on market access for goods and services in terms of Belarus’ accession to the WTO

10 April 2017

10-04-2017

On April 10, 2017 the Republic of Belarus and the Republic of Korea signed bilateral protocol on market access for goods and services in terms of Belarus’ accession to the WTO.

The Republic of Korea became the 11th trade partner with whom Belarus finalized bilateral negotiations on market access.

The protocol was signed by the First Deputy Minister of Foreign Affairs of the Republic of Belarus, Andrei Yeudachenka, and the Vice Minister of Trade, Industry and Energy of the Republic of Korea, Jeong Marn Ki.

After the signing ceremony, A.Yeudachenka expressed his gratitude to the Korean partners for constructive work, as well as noted that the Republic of Korea became the first country with whom Belarus signs bilateral protocol on market access after a 10-year break (the 10th protocol was signed in 2007). As  the Belarusian diplomat stated, “signing the protocol is a clear signal for other WTO members for a prompt finalization of the negotiation process on Belarus’ accession to the WTO, which we deem as an impetus for further economic development of the country”.

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