11 Emerging Nations Like R. O. Korea to Mutually Reduce Tariffs from Reports by Foreign News Agency

On December 14, 2010, according to reports from KBS Website in R. O. Korea, the representatives from 11 emerging nations like R. O. Korea, Brazil, India and etc would sign the relevant agreements on reducing import tariff during a ministerial meeting of the South American Common Market (Mercosur) on December 15, 2010, which was based on principles of providing trade preferences among developing countries. Besides the three nations mentioned above, Argentina, Uruguay, Panama and etc are also included.