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The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) will create jobs, strengthen economic relations and boost Canada's trade with the world’s second-largest market. CETA is a progressive free trade agreement which covers virtually all sectors and aspects of Canada-EU trade
in order to eliminate or reduce barriers. For example, prior to CETA’s entry into force, only 25 percent of EU tariff lines on Canadian goods were duty-free.
Upon CETA’s entry into force, the EU will remove tariffs on 98 percent of its
tariff lines. Once CETA is fully implemented, the EU will have eliminated tariffs
on 99 percent of its tariff lines.
SOURCE: Government of Canada
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Canada and EU sign historic trade agreement during EU-Canada Summit
Prime Minister Justin Trudeau, together with Donald Tusk, President of the European Council, and Jean-Claude Juncker, President of the European Commission, signed CETA during today’s European Union-Canada Leaders’ Summit.
SOURCE : Government of Canada
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