Canada-Korea Free Trade Agreement (CKFTA)
The CKFTA entered into force on January 1, 2015. This landmark agreement constitutes Canada’s first free trade agreement in the Asia-Pacific region and provides new access for Canadian businesses and workers to the world’s 15th-largest economy and the fourth-largest in Asia. In fact, the Canada-Korea Free Trade Agreement is projected to create thousands of jobs for hardworking Canadians by boosting Canada’s economy by $1.7 billion and increase Canadian exports to South Korea by 32 percent. South Korea is not only a major economic player in its own right and a key market for Canada; it also serves as a gateway for Canadian businesses and workers into the dynamic Asia-Pacific region as a whole.
Read: What’s Being Said
Understanding CKFTA
Related Documents
Learn more about the full scope of the Agreement and what’s in it for you.
Benefits
Find out how CKFTA will benefit provinces, territories, and small and medium-sized enterprises.
Did You Know?
News
2015-07-20 - Canada and South Korea Conclude Negotiations on Science, Technology and Innovation Agreement
2015-06-22 - Fast to Highlight Benefits of Canada-Korea Free Trade Deal at B.C.-Korea Trade and Investment Forum
2015-02-13 - Minister Fast Tours Port of Busan, Canada’s Gateway to the Region
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