South Korea, China and Japan will conduct a feasibility study on a three-way free trade agreement next week, the trade ministry here said Wednesday.

Some 90 officials from the three countries will join a three-day meeting, the fourth of its kind which was initially launched in 2010, next Wednesday in South Korea's southern island of Jeju to discuss a draft of a joint report on trade relations among the countries and commodities issues, the ministry said.

They plan to hold similar meetings three to four times this year so that the joint study will be completed when a three-way summit conference attended by their leaders in 2012. The fifth and the sixth meeting will be held in Japan and China, respectively.