Minister of International Trade of Canada, Chrystia Freeland held talks on the comprehensive economic and trade agreement (CETA) between Canada and the European Union in Brussels last week.
In February, Canada and the EU announced the conclusion of the legal expertise of the English version of the text of the agreement. They confirmed that the CETA signed in 2016 and entered into force in early 2017.
On April 20, Chrystia Freeland met with EU Trade Commissioner Cecilia Malmström. Also, discussions were held with the Government of Belgium and the European Commission, European Parliament members, as well as representatives of the EU business community.
Freeland, said: ” when agreement entries into force it will deepen our trade and investment ties with EU and will also offer significant opportunities for citizens and for both sides of the Canada-EU. The agreement should come into effect as soon as possible it allows Canadians and Europeans to take full advantage of its benefits. ”
It is assumed that an agreement could encourage bilateral trade by more than 20 percent.
Author: Olena Kutova
senior lawyer of the Finance Business Service company
Minister of International Trade of Canada, Chrystia Freeland held talks on the comprehensive economic and trade agreement (CETA) between Canada and the European Union in Brussels last week.
In February, Canada and the EU announced the conclusion of the legal expertise of the English version of the text of the agreement. They confirmed that the CETA signed in 2016 and entered into force in early 2017.
On April 20, Chrystia Freeland met with EU Trade Commissioner Cecilia Malmström. Also, discussions were held with the Government of Belgium and the European Commission, European Parliament members, as well as representatives of the EU business community.
Freeland, said: ” when agreement entries into force it will deepen our trade and investment ties with EU and will also offer significant opportunities for citizens and for both sides of the Canada-EU. The agreement should come into effect as soon as possible it allows Canadians and Europeans to take full advantage of its benefits. ”
It is assumed that an agreement could encourage bilateral trade by more than 20 percent.