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Sunday, March 23, 2014

Canada-Korea Free Trade Agreement Could Benefit Local Company

Right now, Charlotte County's Cooke Aquaculture isn't selling a lot of salmon or other seafood products in Korea, but that could change in the very near future due to the recently signed Canada-Korea free trade agreement. 

That's according to Senior Executive Ross Butler who says it could be a game-changer. He says Korea is not a market for them today because the tariffs are prohibitive and this will present them with the opportunity to explore that market.

Cooke employs about 500 people and produces about 60 million pounds of Atlantic salmon and 2 million pounds of trout each year.