Dentons

International Top 30 position: 4

Canada enters into free-trade agreement with South Korea

On 11 March 2014, Canadian prime minister Stephen Harper and President Park Geun Hye of the Republic of Korea (South Korea) announced the successful conclusion of negotiations on a new Canada-Korea free-trade agreement (FTA). This agreement in principle concludes almost a decade of negotiations and marks Canada’s first FTA in the Asia-Pacific market. Both the US and the EU have existing FTAs with South Korea. Accordingly, the stated hope of the government of Canada is that the FTA will not only secure Canada’s position in the South Korean market (projecting a 32 per cent increase in exports to South Korea, currently Canada’s seventh-largest trading partner) but also serve as a ‘gateway’ for Canadian business and workers to the Asia-Pacific market more generally.

While the final text of the FTA is still being drafted, a final agreement summary of the FTA recently tabled in the House of Commons provides some insight into the scope of the agreement.

This FTA will affect most aspects of trade between Canada and South Korea, including trade in goods and services, investment, government procurement, non-tariff barriers, intellectual property and other areas of economic activity. Key provisions are summarised below…

Click on the link below to read the rest of the Dentons briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Dentons

View more briefings from Dentons

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

1 Fleet Place
London
EC4M 7RA
UK
http://www.dentons.com/

Turnover (€m): 209.5
Lawyers: 760
Partners: 183
Jurisdiction: Europe

Jobs