BRUSSELS – The European Union and Canada struck a multi-billion dollar trade pact called the Comprehensive Economic and Trade Agreement (CETA) in 2014 after five years of talks. It is expected to be signed by Canada and EU member states in October.
Here are some of the details of the pact:
ECONOMIC BOOST
Canada is the EU's 12th most important trading partner. The EU is number two for Canada, accounting for nearly 10 percent of its external trade.
A joint EU-Canada study forecast CETA would increase bilateral trade in goods and services by more than 20 percent.
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