▁tar iff ▁lines ▁for ▁goods ▁imported ▁from ▁South ▁Korea , ▁and ▁South ▁Korea ▁will ▁eliminate ▁ 9 8 . 2 % ▁of ▁its ▁tar iff ▁lines ▁for ▁goods ▁imported ▁from ▁Canada . ▁ ▁Background ▁ ▁The ▁two ▁countries ▁began ▁discuss ing ▁establish ing ▁a ▁free ▁trade ▁agreement ▁in ▁ 2 0 0 5 , ▁and ▁held ▁ 1 4 ▁r ounds ▁of ▁b arg aining ▁sessions ▁before ▁final izing ▁the ▁agreement . ▁Canada ' s ▁trade ▁with ▁South ▁Korea ▁had ▁dropped ▁by ▁about ▁ ▁after ▁the ▁conclusion ▁of ▁the ▁European ▁Union – S outh ▁Korea ▁Free ▁Trade ▁Ag re ement ▁and ▁the ▁Free ▁trade ▁agreement ▁between ▁the ▁United ▁States ▁of ▁America ▁and ▁the ▁Republic ▁of ▁Korea . ▁ ▁Canada ' s ▁primary ▁exports ▁to ▁South ▁Korea ▁in ▁ 2 0 1 2 ▁were ▁non - ren ew able ▁resources ▁such ▁as ▁min eral ▁fu els ▁and ▁o ils ▁( 3 1 %) ▁and ▁or es , ▁sl ag , ▁and ▁ash ▁( 8 . 4 % ), ▁and ▁renew able ▁resources ▁such ▁as ▁wood ▁pul p ▁and ▁paper ▁products ▁( 9 %). ▁These ▁total led ▁$ 3 . 7 ▁billion ▁in ▁value , ▁a ▁decrease ▁from ▁$ 5 ▁billion ▁in ▁ 2 0 1 1 . ▁ ▁South ▁Korea ' s ▁primary ▁exports ▁to ▁Canada ▁in ▁ 2 0 1 2 ▁were ▁transport ation ▁products ▁such ▁as ▁autom ob iles , ▁tra ilers , ▁and ▁b icy cles ▁( 4 0 % ), ▁mach in ery ▁and ▁app li ances ▁( 1 7