Saturday, September 27, 2008

India's naphtha exports to S.Korea could rise as a result of free trade deal

India and South Korea have arrived at a free trade deal that could reportedly open their markets effective from next year and increase the US$11 bln annual trade between two countries by a third. Syntthetic resins and petroleum products are amongst South Korea's main exports to India while South Korea's largest import from India includes naphtha, representing more than half of imports from India in 2007.

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