Plain meaning
A free trade agreement between Canada and South Korea.
Also called
Canada-Korea Free Trade Agreement
CKFTA
Key points
- Preferential treatment depends on classification, origin rules, and proof requirements.
- The agreement covers goods and other trade-related areas.
- Importers and exporters should keep records supporting tariff preference claims.
- Trade-agreement changes can affect landed costs and market access.
Why it comes up
The agreement affects tariff preferences, origin rules, and trade flows between Canada and South Korea.