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WORLD NEWS: "South Korea, EU Near Free Trade Pact," by Evan Ramstad and John W. Miller, Wall Street Journal, 25 March 2009.
Oops! Wait a tick. Article predicts the same years-long effort to actually get it ratified, making it as aspirational as the U.S. version.
Still, when finally concluded, it would, barring some other deal, represent the largest bilateral trade deal in the world, slightly surpassing the apparently DOA FTA between the U.S. and South Korea.
The U.S. deal served as a template for the EU one. The EU is South Korea's second largest trade partner--after China.
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