MONTREAL, March 12, 2014 /CNW Telbec/ - "The free trade agreement with
South Korea is an additional step towards increasing open markets for
the Canadian aluminium industry following the recent agreement with the
European Union. "Right from the outset, this agreement will reduce
existing tariffs by 98% which can go up to 8% depending on the type of aluminium product", according to Jean Simard,
President and Chief Executive Officer, Aluminium Association of Canada.
The agreement, says Mr. Simard, "will contribute to the increase of our
annual $180 million exports to South Korea, while increasing our
footprint in Asia, a growth market for the future."
On behalf of Canada's aluminium industry, Mr. Simard applauds the
excellent work accomplished by the Canadian negotiator, the Honourable
Ed Fast, Minister of International Trade,
About the Aluminium Association of Canada (AAC)
The Aluminium Association of Canada groups together Canada's three
largest aluminium producers. These companies operate nine aluminium
smelters in Canada, eight of which are located in Québec, and employ
more than 10,000 people.
SOURCE: Aluminum Association of Canada
For further information:
President and Chief Executive Officer
514-288-4842 or 514-825-6593