President Park Geun-hye attended the Canada-Korea Business Symposium, co-hosted by the Canadian Chamber of Commerce and the Federation of Korean Industries, in the afternoon. In her keynote speech, President Park proposed ways to bolster economic cooperation between the two countries.
First, the President noted that as old friends, who have stood together through thick and thin, Korea and Canada have been expanding collaboration in the international arena, upholding such shared values as democracy and a market economy. She also added that the signing of a Korea-Canada free trade agreement today laid the foundation for upgrading cooperative ties between the two nations.
Expressing the hope that this would build on the strength of the friendly ties so far for further headway in bilateral relations, the President proposed that the two sides make joint efforts to promote cooperation for a creative economy, diversify trade and make the most of the Korea-Canada FTA.
The President also noted that the friendship with Canada would serve as the firm groundwork for Korea to blaze a trail in the future and asked the participating business leaders to play a leading role in opening the door for future prosperity.
Following the President`s remarks, experts from both countries gave presentations on such topics as the FTA’s main features and related utilization measures as well as measures for energy cooperation.
About 120 people attended the event, including Canadian Chamber of Commerce President and CEO Perrin Beatty, Minister Ed Fast of International Trade, senior representatives from major Canadian companies, including LNG Canada, Clearwater Seafoods and Husky Energy along with members of the visiting Korean business delegation.