Canada, South Korea close to free trade deal: Canadian PM

Posted by Reuters Canada

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Canada Prime Minister Stephen Harper said on Sunday he hopes to finalize a free trade agreement with South Korea during a trip there this week.

Sources familiar with the negotiations had said last week that the two sides were very close to signing a long-delayed free trade deal after years of talks.

Harper confirmed a deal is close in a video posted on his website as his office released details of the March 9 to 11 trip.

“We will be hoping to finalize a Canada-Korea free trade agreement,” he said.

Canada, seeking to diversify its exports away from the United States, has long targeted the rapidly expanding economies of Asia. – full article