CANADIAN METAL EXPORTERS WELCOME SOUTH KOREA TRADE DEAL
March 1st, 2014
The Aluminium Association of Canada has welcomed the striking of a Canada-Korea Free Trade Agreement, saying it will help its industry boost sales to South Korea.Once the deal has been ratified (probably within a year), 98.7% of tariffs levied on metal and minerals traded between the two countries will be eliminated. The remaining tariffs tariff lines will be phased out over five years, said a Canadian government note. Existing South Korean duties range up to 8%. It said products of export interest to Canada “include unwrought and unalloyed aluminum, aluminum ...
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