Canada and South Korea are currently negotiating an FTA. The talks began in July 2005 but are yet to be concluded.
Both countries are aiming for a comprehensive agreement, with the Canadian government’s sights set on increasing food and forestry exports to Korea. But the implications for Canada are huge. Canada currently imports more cars than it exports and a deal with Seoul — headquarters of KIA, Hyundai and Daewoo (GM) — could gut Canada’s industry and with it 15,000 jobs. Korean farmers, labour groups and consumers, for their part, expect negative impacts on Korean food and agriculture. This includes strong potential problems around beef (numerous outbreaks of mad cow disease have already occurred in Canada) and barley.

last update: May 2012 | logo from the Canadian Auto Workers Local 200


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  • 17-Feb-2015 iPolitics South Korea bans Canadian beef exports in light of BSE
    South Korea says it’s banning imports of Canadian beef after a case of bovine spongiform encephalopathy (BSE), or “mad cow disease,” was found on a northern Alberta farm earlier this week, despite reassurances from Canada’s agriculture minister the case would not impact Canadian beef trade.
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    Korea and Canada officially sign a free trade agreement on Monday according to terms agreed in March after nine years of tough negotiations.
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    South Korea and Canada concluded a free-trade agreement Tuesday, wrapping up a negotiating process that began nine years ago and focused on barriers in the auto and agriculture sectors.
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