South Korea, China and Japan will hold a new round of talks on a three-way free trade agreement in Tokyo next week, South Korea's Ministry of Trade, Industry and Energy said Sunday. 
During the 12th round of talks, the three negotiators are expected to discuss ways to make progress on key issues of goods, service and investment. They are also scheduled to discuss e-commerce, intellectual property rights and other issues, South Korea's news agency (Yonhap) reported. 
In 2015, leaders of the three countries agreed to step up efforts to conclude a comprehensive, high-level and mutually beneficial three-way free trade deal. Negotiations began in 2013 but failed to yield any substantial progress. 
The deal, if concluded, would create one of the world's biggest free trade blocs with a combined gross domestic product of US$16.7 trillion, about one-fifth of the total global gross domestic product as of 2015.

Source: QNA