Seoul, April 22 -- Thailand and the Republic of Korea (RoK) were set to kick off their fifth round of negotiations for a bilateral economic partnership agreement (EPA), as the two sides seek to broaden their cooperation in trade and investment.

The RoK's Ministry of Trade, Industry and Energy said on April 22 that the latest round of talks for the EPA is set to run for four days in Bangkok. The two sides plan to focus on making progress in 13 sectors that cover goods, services and investment, as well as sustainable development.

An EPA aims to establish a mutually beneficial trade network between partner nations beyond a simple market opening, though it covers a smaller scope compared with a traditional free trade agreement.

RoK will wo...