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Canada–Korea Free Trade Agreement
The Canada–Korea Free Trade Agreement (CKFTA; less often known as CSKFTA - Canada-South Korea Free Trade Agreement) is a free trade agreement between Canada and South Korea. The agreement was concluded at the Blue House in Seoul on 11 March 2014 by Stephen Harper, the Prime Minister of Canada, and Park Geun-hye, the President of South Korea. It is the first free trade agreement between Canada and an Asia Pacific nation. The agreement entered into force on 1 January 2015. Upon full implementation, Canada will eliminate 97.8% of its tariff lines for goods imported from South Korea, and South Korea will eliminate 98.2% of its tariff lines for goods imported from Canada. Background The two countries began discussing establishing a free trade agreement in 2005, and held 14 rounds of bargaining sessions before finalizing the agreement. Canada's trade with South Korea had dropped by about after the conclusion of the European Union–South Korea Free Trade Agreement and the Free tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ACCESS
Access may refer to: Companies and organizations * ACCESS (Australia), an Australian youth network * Access (credit card), a former credit card in the United Kingdom * Access Co., a Japanese software company * Access Healthcare, an Indian BPO services provider * Access International Advisors, a hedge fund * AirCraft Casualty Emotional Support Services * Arab Community Center for Economic and Social Services * Access, the Alphabet division containing Google Fiber * Access, the Southwest Ohio Regional Transit Authority's paratransit service Sailing * Access 2.3, a sailing keelboat * Access 303, a sailing keelboat * Access Liberty, a sailing keelboat Television * ''Access Hollywood'', formerly ''Access'', an American entertainment newsmagazine * ''Access'' (British TV programme), a British entertainment television programme * ''Access'' (Canadian TV series), a Canadian television series (1974–1982) * Access TV, a former Canadian educational television channel (1973–2011) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are presen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free-trade Area
A free-trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other. If natural persons are also free to move between the countries, in addition to a free-trade agreement, it would also be considered an open border. It can be considered the second stage of economic integration. Customs unions are a special type of free-trade area. All such areas have internal arrangements which parties conclude in order to liberalize and facilitate trade among themselves. The crucial difference between customs unions and free-trade areas is their approach to third parties. While a customs union requires all parties to establish and maintain identical external tariffs with regard to trade with non-parties, parties to a free-trade area are not subject to this requiremen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rules Of Origin
Rules of origin are the rules to attribute a country of origin to a product in order to determine its "economic nationality". The need to establish rules of origin stems from the fact that the implementation of trade policy measures, such as tariffs, quotas, trade remedies, in various cases, depends on the country of origin of the product at hand. Rules of origin have become a challenging topic in international trade, not only because they constitute a highly technical area of rule-making, but also because their designation and application have not been harmonized across the world. The lack of harmony is even more remarkable in the era of regionalism, when more and more free trade agreements (FTAs) are concluded, creating the spaghetti bowl effect. Definition of rules of origin The most comprehensive definition for rules of origin is found in the International Convention on the Simplification and Harmonization of Customs procedures (Kyoto Convention), which entered into forc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada's Global Markets Action Plan
The Global Markets Action Plan (GMAP) was Prime Minister Stephen Harper's government strategy to generate employment opportunities for Canadians by expanding Canadian businesses and investment in other countries in a highly competitive global environment. After Ed Fast was appointed Minister of International Trade in 2011, Harper asked him for a blueprint prioritizing trade in Canada's foreign policy. On November 27, 2013, Fast delivered a comprehensive report on a ''Global Markets Action Plan''. History Harper's government was highly concerned to maintain Canada's competitive position in international trade, which is equivalent to more than 60 percent of Canada's annual gross domestic product; one out of five jobs was created by the global market presence. In 2007, the government launched its Global Commerce Strategy for expanding Canada's trade network, strengthening its competitive position in its traditional markets, and extending its reach to new emerging markets. The stra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade Agreements Of Canada
The free trade agreements of Canada represents Canada's cooperation in multinational trade pacts and plays a large role in the Canadian economy. Canada is regularly described as a trading nation, considering its total trade is worth more than two-thirds of its GDP (the second highest level in the G7, after Germany). Of that total trade, roughly 75% is done with countries that are part of free-trade agreements with Canada—primarily the United States through the Canada–United States–Mexico Agreement (CUSMA), and its predecessor the North American Free Trade Agreement (NAFTA). By the end of 2014, Canadas bilateral trade hit Can$1 trillion for the first time. Overview Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995. The ''North American Free Trade Agreement'' (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free-trade region in the world by GDP. By 2014, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Canada
The economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the third-highest total estimated value of natural resources, valued at US$33.98 trillion in 2019. It has the world's third-largest proven oil reserves and is the fourth-largest exporter of crude oil. It is also the fifth-largest exporter of natural gas. According to the Corruption Perceptions Index, Canada is perceived as one of the least corrupt countries in the world, and is one of the world's top ten trading nations, with a highly globalized economy. , Canada is ranked 15th on The Heritage Foundation's index of economic freedom. Its average household disposable income per capita is "well above" the OECD average. The Toronto Stock Exchange is the eighth-largest stock exc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–South Korea Relations
Canada–South Korea relations are foreign relations between Canada and the Republic of Korea. Canadian soldiers participated in the defense of South Korea during the Korean War. Full diplomatic relations between Canada and South Korea were established on January 14, 1963. Canada has an embassy in Seoul, and a consulate in Busan. South Korea has an embassy in Ottawa and three Consulates-General, in Montreal, Toronto and Vancouver. Both nations are full members of APEC, OECD and the G20. History Contact between Canada and the Republic of Korea date back to the 19th century when Canadians were some of the first Westerners to arrive on the Korean peninsula, a majority of whom were Christian missionaries, though they branched out into other fields of work. Rev. Canadian James S. Gale (1863-1937) created the Korean-English Dictionary which became the first and most essential tool for the scholarly study of Korea in the West; and did an independent translation of the Bible into the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Trade, Industry And Energy (South Korea)
The Ministry of Trade, Industry and Energy (MOTIE) is a ministry under the Government of South Korea. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea. The current minister is Lee Chang-yang. The ministry began in 1948 as the Ministry of Commerce in the First Republic. In 1993 it was merged with the Ministry of Energy, established in 1977. A year later the ministry changed its name to Ministry of Trade and Energy. In 1998 it transferred trade negotiation duties to the foreign ministry changing its name to Ministry of Industry and Energy. In 2008 it was restructured into Ministry of Knowledge Economy following newly elected president Lee Myung-bak's cabinet reorganisation. In 2013 following President Park Geun-hye's cabinet reorganisation the ministry was restructured into the current form bringing back trade negotiation duties from the foreign minist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Motor Company Of Canada
Ford Motor Company of Canada, Limited ( French: ''Ford du Canada Limitée'') was founded on August 17, 1904, for the purpose of manufacturing and selling Ford automobiles in Canada and the British Empire. It was originally known as the Walkerville Wagon Works and was located in Walkerville, Ontario (now part of Windsor, Ontario). The founder, Gordon Morton McGregor, convinced a group of investors to invest in Henry Ford's new automobile, which was being produced across the river in Detroit, Michigan. The firm manufactures and sells automobiles in Canada, and also in the United States and other countries around the world. History The Ford Motor Company of Canada is a wholly owned subsidiary of Ford Motor Company, although it once had its own distinct group of shareholders. At its formation, Ford Motor Company was not a shareholder of Ford Canada, but its twelve founding shareholders directly held 51% of Ford Canada's shares, and Henry Ford himself owned 13% of the new company. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ratification
Ratification is a principal's approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties intended to show their consent by such an act. In the case of bilateral treaties, ratification is usually accomplished by exchanging the requisite instruments, and in the case of multilateral treaties, the usual procedure is for the depositary to collect the ratifications of all states, keeping all parties informed of the situation. The institution of ratification grants states the necessary time-frame to seek the required approval for the treaty on the domestic level and to enact the necessary legislation to give domestic effect to that treaty. The term applies to private contract law, international treaties, and constitutions in federal states such as the United States and Canada. The term is also used in parliamentary procedure in deliberati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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