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EU Parliament committee backs EU-Canada trade deal

  • European Union Image

Jan 25, 2017

On January 25, 2017, EU Business released an article where they discuss how members of the European Parliament's trade committee gave their backing to the CETA EU-Canada trade and investment protection agreement.

CETA has attracted much attention, with warnings from environmental NGOs that the deal could lead to a weakening of environmental, health and social protection standards.

The CETA trade deal will remove tariffs on most traded goods and services. It also provides for the mutual recognition of certification for a wide range of products.

In negotiations, the EU secured protection for over 140 European geographical indications for food and drinks sold on the Canadian market. Sustainable development provisions were included to maintain environmental and social standards and ensure that trade and investment enhance both.

Review the article on the EU Business' website.

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