30/06/2011 (Agence Europe) - Free-trade with South Korea now effective. The most ambitious trade agreement ever negotiated bilaterally by the EU enters into force this Friday 1st July. Starting from today, the EU and South Korea will gradually remove, over a period of five years, 98.7% of customs duty they impose upon the arrival onto their territory of the agricultural and manufactured products of the other party. At the end of the transition period, import tariffs will be removed from all...