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July 23, 2007

Talks on tariff cut opens
South Korea and India will kick off their talks on tariff reduction at the upcoming bilateral comprehensive economic partnership agreement (CEPA) meeting, the Ministry of Agriculture and Forestry said on July 23.

The two sides are expected to discuss place-of-origin rules for agricultural products and processed goods that will be included in the open trade pact during the four-day meeting to be launched on July 24 in New Delhi, the ministry said.

The two sides are also planning to discuss the contents of the proposed CEPA, the ministry said.

Seoul and New Delhi started the CEPA talks in March 2006 and have held regular negotiations to reach an accord, South Korea's Yonhap News Agency reported. Xinhua

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