South Korea and Canda sign FTA, automotive tariff to be eliminated  [ Korea ] [ Canada ]

South Korea and Canada signed a free trade agreement (FTA) on September 22. The FTA is expected to enter into force next year after being ratified at each parliament. The FTA will eliminate tariffs on 99 percent of trade amount within 10 years.Canada will eliminate tariffs on South Korean car exports (currently 6.1 percent) within two years, while tariffs on car parts and tires will be phased o...
<Sep 25, 2014>