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Varcoe: Alberta eyes more trade in Asia, as South Korea waives oil tariffs, explores investment in province

'This is a really good chance for Canada to be a reliable supplier in the long term,' said Sun Ryung Park, a senior research specialist with the Asia Pacific Foundation of Canada

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The ability of Canada to send more oil to Asia has been proven by the successful startup of the Trans Mountain pipeline — and it could continue to grow with the removal of trade barriers this week.

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The Alberta government is highlighting the issue, announcing two new deals involving South Korea.

The first, unveiled Monday, saw the Republic of Korea’s customs commissioner ink a joint statement, waiving a three per cent tariff on Canadian oil that’s exported to the country of 52 million.

On Tuesday, the province announced it’s signed a memorandum of understanding with Seoul-based Hanwha Group, creating a........

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