Eliminates most tariffs on Canadian industrial and agricultural exports to South Korea
Services
Canada-Korea Free Trade Agreement (CKFTA)
Canada-Korea Free Trade Agreement (CKFTA) - status In force (2015-01-01). What it includes and does not include for Canadian exporters.
Status
In force (2015-01-01).
Parties covered
Canada and South Korea..
Overview
CKFTA was Canada's first free trade agreement in the Asia-Pacific, eliminating most tariffs on Canadian exports to South Korea and opening services, investment and government procurement.
What it includes
Provides preferential access for Canadian agri-food, forestry and fish products
Covers services, investment, intellectual property and government procurement
Includes temporary entry provisions for business persons
Provides a framework for regulatory cooperation
What it does NOT include
Some sensitive agricultural products remain subject to tariff-rate quotas
Canada's supply-managed sectors retain protection
Certain goods have longer tariff phase-out periods
Rules of origin and certification requirements apply
Markets it covers (of our 18 target markets)
South Korea.
Practical note for exporters
CKFTA gives Canadian exporters preferential access to a major, high-income Asian market. Verify product-specific tariff treatment and origin certification before shipping.
Source: Global Affairs Canada - Canada's free trade agreements. Verify current terms, product-specific tariff schedules and rules of origin on the official pages before shipping; terms and intakes can change.
Relevant services
The services below are grant-eligible: CanExport and EDC reimburse up to 50% for incorporated Canadian exporters.
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Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.
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