• 24-JAN-2017

CETA a step closer to EU approval, an answer to Trump

The EU-Canada trade accord CETA has taken an important step toward ratification, with the European Parliament´s International Trade Committee giving it the go-ahead. CETA would eliminate a half billion euros in tariffs that EU companies pay and could boost EU exports to Canada by 20 percent. EPP Group Chairman Manfred Weber welcomed the committee vote, which sends the accord to the full Parliament next month for approval. He calls it an answer to US President Donald Trump´s moves against free trade accords.