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South Korea Aims to Become a Major Free Trade Hub

Posted November 18, 2014

Under Economic Issues, International Trade Issues

(Business in Vancouver)

B.C. tech firms are among companies that stand to gain as country bolsters trade ties with Canada and the rest of the world

Wedged as it is between two Asian economic giants – China and Japan – South Korea sometimes gets overlooked by Canadian businesses as a place to invest or develop markets.

With 50 million people, South Korea’s population is not that much larger than Canada’s. But South Korea has something no other country in the world has: free trade agreements with 47 countries, including Canada, and is in the process of concluding a free trade agreement with China. Read more here.