GREY:WFEMF - Post by User
Post by
guerreiroon Dec 31, 2014 7:08pm
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FREE TRADE BEGINS JAN 1, 2015 may help WOF
FREE TRADE BEGINS JAN 1, 2015 may help WOF Free trade with South Korea begins
The Canada-South Korea free trade agreement comes into force Jan. 1. The Canadian government forecasts exports to Korea will increase 32 per cent.
The agreement is especially good news for Canadian cattle and pork producers. For example, the 40 per cent Korean tariff on Canadian beef will be gradually eliminated over 15 years.
The agreement was signed in Ottawa on Sept 22. Ottawa sees the pact with Korea as a stepping stone to other free trade agreements in Asia.