If MEPs approve it during next week's plenary, the agreement could already provisionally applied from April. In 2015 EU-Canada trade accounted for more than €60 billion and Ceta is expected to boost this. Read on and watch our video to find out more about the difference the trade deal could make.
Ceta would remove all tariffs between the EU and Canada, except those charged on public services, audiovisual and transport services and a few agricultural products. It would also lead to the mutual recognition of certifications for a wide range of products, from electrical goods to toys.
Protecting EU products
Although the EU would be able to export nearly 92% of its agricultural and food products duty free, this would not come at the expense of protection for European products. Canada has agreed to protect 143 European products that are associated with a specific town or region and that enjoy a great reputation because of their qualities, This includes products such as feta from Greece and roquefort from France.
All imports from Canada would still have to meet EU rules and regulations. Ceta would not lower or change EU health and safety, environment and social or consumers rights standards. It wouldn't change how the EU regulates food safety, including on GMO products or the ban on hormone-treated beef.
The text agreement with Canada has been integrally available online for over the past two years ever since the negotiations were concluded in Ottawa on 26 September 2014.
As it is a mixed agreement, it will not only need to be approved by the European Parliament, but also by national and regional parliaments.
Vendredi, February 10, 2017/ EP/ European Union.