Monday, May 25th16.9°C
26329
24291

Harper arrives in South Korea for expected free-trade announcement

SEOUL, South Korea - Prime Minister Stephen Harper has arrived in Seoul, where he is widely expected to announce a free-trade deal with South Korea.

A South Korean delegation greeted Harper on Monday as he stepped off his aircraft after a 20-plus hour trip from Ottawa.

There's no word yet on whether Harper plans to sign the final text of a free-trade deal with South Korea or is simply going to announce an agreement-in-principle in a staged photo-op.

A free-trade agreement with South Korea — which Harper says is a gateway to deals with other Asian countries — has been a decade in the making.

One major sticking point is the auto sector, with Canada having a 6.1 per cent tariff on car imports.

Critics fear that if it is removed, the Canadian market would be flooded with Korean-made brands such as Hyundai and Kia.

The Canadian Press


Read more Business News

25985


Recent Trending




Today's Market
S&P TSX15186.89-13.87
S&P CDNX700.98-2.50
DJIA18232.02-53.72
Nasdaq5089.36-1.43
S&P 5002126.06-4.76
CDN Dollar0.8123-0.001
Gold1204.30+1.30
Oil60.67-0.74
Lumber273.80+3.70
Natural Gas2.887-0.064

 
Okanagan Companies
Pacific Safety0.14+0.01
Knighthawk0.010.00
QHR Technologies Inc1.49+0.01
Cantex0.03-0.01
Anavex Life Sciences0.425+0.053
Metalex Ventures0.09+0.00
Russel Metals25.87+0.08
Copper Mountain Mining1.36-0.02
Colorado Resources0.105+0.005
ReliaBrand Inc0.0048-0.0049
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation2.20+0.60

 



25185

FEATURED Property
22164581105 3168 Via Centrale Road
2 bedrooms 2 baths
$249,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...

_



25991




Member of BC Press Council


24875