New Zealand-South Korea FTA under fire as provisions revealed

WELLINGTON: As the ink dried Monday on the free trade agreement between New Zealand and South Korea, critics claimed it was a second-rate deal that would “handcuff” New Zealand’s sovereign right to make laws and regulations. Prime Minister John Key and South Korean President Park Geun-hye witnessed the signing of the free trade agreement (FTA) by Trade Ministers Tim Groser and Yoon Sang-jick in Seoul. “The agreement shows the strength of the relationship between New Zealand and Korea.