Canada–Korea Free Trade Agreement
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The Canada–Korea Free Trade Agreement[1] (CKFTA; less often known as CSKFTA - Canada-South Korea Free Trade Agreement[2]) is a free trade agreement between Canada and South Korea. The agreement was concluded at the Blue House in Seoul on 11 March 2014 by Stephen Harper, the Prime Minister of Canada, and Park Geun-hye, the President of South Korea.[3][4][5] It is the first free trade agreement between Canada and an Asia Pacific nation.[6] The agreement entered into force on 1 January 2015.[1]
Quick Facts Type, Signed ...
Type | Free trade agreement |
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Signed | March 11, 2014 (2014-03-11) |
Location | Seoul, South Korea |
Effective | January 1, 2015 |
Parties | |
Language | Korean, English, French |
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In the years since its ratification, Canada has aimed to eliminate 97.8% of its tariff lines for goods imported from South Korea, and South Korea has aimed to eliminate 98.2% of its tariff lines for goods imported from Canada.[7][8]