Comprehensive Economic and Trade Agreement (CETA) agreed

Posted on: 16/02/2017

Following the approval of CETA by the International Trade Committee of the European Union on January 24, 2017, the EU-Canada Comprehensive Economic and Trade Agreement (CETA),  was approved by the European Parliament in Strasbourg on Wednesday 15th February 2017. Negotiated for nearly five years and four months, the landmark trade deal could apply provisionally from as early as April 2017. The Agreement is expected to boost goods and services trade and investment flows. In 2015 EU-Canada trade accounted for more than €60 billion and Ceta is expected to boost this by 20%. Read on and watch the European Commission video to find out more about the difference the trade deal could make.

The EU-Canada Comprehensive Economic and Trade Agreement (CETA) was published in the EU Official Journal L11 of January 14, 2017. This means that traders can now start listing Canada in supplier’s declarations under certain provisions, though tariffs have not yet been lifted.

 

>> View the EU Official Journal L11 of January 14, 2017
>> View the official EU press release of January 24, 2017

 

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