Article 14

Harper and visiting South Korean PM talk free trade

December 4, 2012. This article comes from CBC news and it is written by The Canadian Press.

Summary

:Prime Minister of Canada, Stephen Harper visited South Korea in March in order to attend an international summit on nuclear security. Canada have tried to negotiate a free trade deal with South Korea. And Harper government has good relationship about negotiation with most of big economies in the world such as Europe, Japan, China, and several Asia countries under the Trans-Pacific Partnership.

However, South Korea banned imports of Canadian beef after 2003 because of mad cow disease. This dispute was the important thing that both countries should have to fix. As the prime minister of South Korea, Kim Hwang-sik, visited Ottawa to mark bilateral relationships and to discuss investment and energy issues. After having discussion, Harper's office mentioned that the two leaders underlined the importance of the Canada-Korea relationship. Also bilateral trade between two countries amounted to almost $12 billion in 2011. 

My opinion

:From my point of view, the relationship between South Korea and Canada is greatly increasing. Both of countries can gain all of benefits through the free trade policy. As South Korea has capitalist economy, they tend to free trade with other foreign nations as well as Canada also has same economic system. That's why their bilateral trade has been becoming effective and useful as time goes by. I can see that South Korea and Canada can earn or get many positive consequences by their free trade.