Canada- Korea Free Trade Agreement
March 11, 2014
St. John’s, NL – Martin Sullivan, President and CEO of Ocean Choice International, said the
company is extremely pleased with the announcement of the Canada-Korea Free Trade
Agreement. The Asian market is growing rapidly and this agreement will have a very
positive impact on the seafood industry.
We commend the efforts of Prime Minister Stephen Harper and the Government of Canada
on their continued commitment to expanding Canada’s trade with other countries around
the globe. Asia is the world’s fastest growing economic region and seafood imports into
this market will provide us with the opportunity to enhance our market presence
throughout Korea and all of Asia. Mr. Sullivan noted Asian consumers recognize the value
in seafood and this agreement will provide the opportunity for OCI’s premium seafood to
become more competitive in that market.
Mr. Sullivan stated that both the recent CETA (Comprehensive Economic and Trade
Agreement) with Europe and the Korea free trade agreement will have a positive impact
on seafood exports to Korea and European countries.
Ocean Choice International is one of Canada’s leading vertically integrated seafood
harvesting, processing and marketing companies with operations throughout Atlantic
Canada and Sales & Marketing offices around the world. As one of Canada’s largest wild
fish quota holders OCI is a leader in fishing and processing technology and market