Korean vernaculars have reported that Canada and Korea will resume free trade talks. Canadian Prime Minister Stephen Harper and Korean President Myung-bak LEE reached an agreement during a private meeting during the G-20 meetings in Los Cabos, Mexico.
Canada called off negotiations with Korea, because of the ban by Korea on the import of Canadian beef. The ban has recently been lifted. Trade between Canada and Korea amounted to nearly USD 12 billion last years.
Sean Hayes, IPG’s Co-Chair of the Korea Practice Team, may be contacted at: [email protected]
- South Korea Suspends Canadian Beef Imports over Mad Cow Disease Concerns
- Korea’s Free Trade Agreement with Canada: Will it Pass?
- Korea-China to Expedite Free Trade Talks
- South Korea Begins 7th Round of Negotiations with China on Free Trade Agreement
- Korean Legal News for the Week of January 27, 2013
- Korea International Trade Orgaizations Chair calls for FTA with China
- Korea’s National Trade Commission Awards Damages to Local Company for Damages from Korea-EU FTA
- Korean Patent Law’s Trade Secret Protection: Amendment to Trade Secret Law in Korea
- Opportunities for Australian and New Zealand Business in Korea
- Embezzelment, Tax Evasion and Bribery easier in Korea?