CANADA - Gail Shea, Minister of Fisheries and Oceans Canada, recently met with her South Korean counterpart to advance bilateral fisheries relations.
She also met with South Korean officials as well as fish and seafood industry representatives to further explore and leverage important opportunities resulting from an impending Canada-Korea Free Trade Agreement.
The Government of Canada recently announced that Canada and the Republic of Korea had concluded negotiations for a bilateral free trade agreement.
The landmark agreement constitutes Canada’s first free trade agreement in the Asia-Pacific region and will provide new access for Canadian businesses and workers.
For fisheries, it promises many important benefits, including duty-free access that will give Canadian products preferential access to the South Korean market and will create a level playing field for Canadians with South Korea’s other Free Trade Agreement partners.
TheFishSite News Desk