Mr. Chair, Canada's economic action plan includes measures to open new markets to Canadian exports, which will create jobs, economic growth and long-term prosperity for Canadians. These measures benefit not only Canadian businesses, which create jobs and keep our economy strong, but they also benefit Canadian consumers and families.
Our government is focused on creating jobs and opportunities for hard-working Canadians in every region of the country. Providing businesses, especially the crucial small and medium-size enterprises, or SMEs, which employ so many Canadians, with new and improved market access so they can expand and compete globally is a key part of our government's pro trade plan, the most ambitious in our nation's history.
Through CETA, our government is creating new and historic opportunities in Europe for agricultural exporters from across Canada. Indeed, Canadian workers in every region, including the Atlantic provinces, in such sectors as fish and seafood, chemicals and plastics, forest products, advanced manufacturing, ICT, metals and minerals, and agriculture and agri-foods, to name just a few, will benefit from increased access to the lucrative EU market.
Another agreement in Canada's pro trade plan is the Canada-India comprehensive economic partnership agreement, CEPA, which remains a key priority. There has been good progress in all areas under negotiation and Canada seeks to conclude negotiations with India as soon as possible. A trade agreement with India would eliminate or reduce tariffs on goods and liberalize trade and services. When it is in place, CEPA will play an important role in boosting trade and investment, creating more jobs and increasing prosperity for Canadians.
More recently, one of our major accomplishments with respect to our trade agenda has been the new free trade agreement reached with South Korea, Canada's first in the fast-growing Asia Pacific region. The Canada-Korea free trade agreement will provide Canadian businesses and workers with unprecedented access to South Korea, directly benefiting Canada's SMEs.
Specific measures that will help SMEs to access the South Korean market include: eliminating tariffs, locking in fair and predictable conditions for businesses and ensuring non-discriminatory treatment; that is that each country treats the other companies and goods the same way as it treats its own. The agreement will result in increased trade opportunities through tariff elimination in a broad range of sectors, such as industrial goods, for example, aerospace, information communication technology, metals and minerals, chemicals, plastics, pharmaceuticals, industrial machinery, cosmetics, agri products, forestry and value added products. The agreement will provide Canadians with access to new markets.