Did you know that the Canada-Korea Free Trade Agreement is projected to boost Canada’s economy by $1.7 billion?
This landmark agreement is Canada’s first free trade agreement with an Asian market and will provide new access for Canadian businesses and workers to the world’s 15th-largest economy and the fourth largest in Asia.
This agreement is projected to create thousands of jobs for Canadians by boosting Canada’s economy and increasing Canadian exports to the Republic of Korea by 32%. Korea will also serve as a gateway for Canadian businesses and workers into the dynamic Asia-Pacific region as a whole.
Creating jobs, enhancing global competitiveness and opening new markets for Canadian products are key priorities of Canada’s Economic Action Plan (EAP).
Visit the Growing Trade and Investment page to learn how EAP initiatives and programs are helping Canadian businesses succeed in the global market.