360° Coverage : EU, Canada strike free trade deal

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EU, Canada strike free trade deal

Oct 18 2013, 5:36pm CDT | by IANS

Brussels, Oct 19 (IANS) The European Union (EU) and Canada Friday reached an agreement on their free trade deal, aimed at boosting the two sides' economic growth.

Brussels, Oct 19 — The European Union (EU) and Canada Friday reached an agreement on their free trade deal, aimed at boosting the two sides' economic growth. European Commission President Jose...

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49 weeks ago

EU, Canada strike free trade deal

Oct 18 2013, 5:36pm CDT | by IANS

Brussels, Oct 19 (IANS) The European Union (EU) and Canada Friday reached an agreement on their free trade deal, aimed at boosting the two sides' economic growth.

Brussels, Oct 19 — The European Union (EU) and Canada Friday reached an agreement on their free trade deal, aimed at boosting the two sides' economic growth.

European Commission President Jose Manuel Barroso and Canadian Prime Minister Stephen Harper reached a political agreement on the key elements of the free trade agreement, the Comprehensive Economic and Trade Agreement (CETA), reported Xinhua citing a European Commission release.

Barroso described the agreement as "highly ambitious" and "great importance" for the EU's economy.

"Canada is one of the most advanced economies in the world. This agreement will provide significant new opportunities for companies in the EU and in Canada by increasing market access for goods and services and providing new opportunities for European investors," Barroso said.

"It will be the basis for gaining a strong foothold in the North American market and so provide a catalyst for growth and the creation of jobs in Europe," he added.

EU Trade Commissioner Karel De Gucht commented that it has been a real challenge to reach this agreement, and it's a real first when it comes to a comprehensive Free Trade Agreement between two mature economies.

It will be the first free trade agreement between the EU and a G8 country.

According to the EU, the agreement is expected to increase bilateral trade in goods and services by 23 percent, or 26 billion euros (about $35 billion). The overall benefits of the agreement are expected to raise the level of the EU's annual GDP by some 12 billion euros a year.

IANS

Source: IANS

 
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1 day ago

EU leaders say trade deal with Canada has been finalized

Sep 26 2014 1:35pm CDT | Source: Canadian Business Online

OTTAWA – European Union leaders say a major trade agreement with Canada has the backing of all 28 EU countries after last minute opposition from Germany had threatened to scuttle the deal. European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy gave those assurances Friday alongside Prime Minister Stephen Harper at a press conference to announce the closing of five tough years of negotiations. German opposition t ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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1 day ago

Harper hosts EU leaders today for Canada-Europe summit

Sep 26 2014 3:00am CDT | Source: Canadian Business Online

OTTAWA – Prime Minister Harper will host a summit with two top leaders from the European Union today in Ottawa. He’ll meet with European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy. One reason for the summit is to celebrate the end of Canada’s free trade talks with the E-U, but there are still some shoals to navigate. The Canadian Press has learned ther ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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2 days ago

Canada-EU trade deal could still derail as politicians prepare to celebrate ‘victory lap’

Sep 25 2014 6:04pm CDT | Source: National Post

OTTAWA — As Prime Minister Stephen Harper prepares to celebrate the end of Canada’s free-trade negotiations with Europe on Friday, but there is persistent concern two unhappy eastern European countries could still derail the deal. Canada requires a visa for travellers from Romania and Bulgaria and some European diplomats worry that one or both of the countries could block ratification of the agreement if the re ...
Source: National Post   Full article at: National Post
 

 
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2 days ago

Visa obstacle looms as Harper heralds end of Canada-EU free trade talks

Sep 25 2014 3:01pm CDT | Source: Canadian Business Online

OTTAWA – There is lingering concern that two unhappy eastern European countries could derail Canada’s free trade deal with the European Union. Canada still requires a visa for travellers from Romania and Bulgaria, and some European diplomats tell The Canadian Press they’re worried those countries could block ratification of the comprehensive pact. Harper is to host European Commission President Jose Manuel Barroso and European Council President Herman V ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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5 days ago

EU boosts its cooperation on sustainable energy with developing countries

Sep 22 2014 2:44pm CDT | Source: Africa Business

BRUSSELS, Kingdom of Belgium, September 22, 2014/African Press Organization (APO)/ — European Commission President José Manuel Barroso will tomorrow co-sign joint declarations in New York to reinforce energy cooperation with five African countries: Cabo Verde, Côte d’Ivoire, Liberia, Togo and Rwanda. These agreements will aim to increase access to sustainable energy sources, even in rural ...Read ...
Source: Africa Business   Full article at: Africa Business
 

 
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1 week ago

Vladimir Putin threatened to invade NATO nations in alleged conversation with Ukraine’s president

Sep 19 2014 9:30am CDT | Source: National Post

President Vladimir Putin privately said he could invade Poland, Romania and the Baltic states, according to a record of a conversation with his Ukrainian counterpart. “If I wanted, in two days I could have Russian troops not only in Kyiv, but also in Riga, Vilnius, Tallinn, Warsaw and Bucharest,” Mr. Putin allegedly told President Petro Poroshenko of Ukraine, reported Suddeustche Zeitung, a German newspaper. If true, this wou ...
Source: National Post   Full article at: National Post
 

 
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1 week ago

Barroso says Scotland vote good for 'stronger Europe'

Sep 19 2014 4:06am CDT | Source: The Standard: China's Business Newspaper

Scotland's rejection of independence from Britain will help create a stronger and more unified Europe, European Commission c ...
Source: The Standard: China's Business Newspaper   Full article at: The Standard: China's Business Newspaper
 

 
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1 week ago

Canada to host top European Union leaders for summit this month

Sep 18 2014 3:03pm CDT | Source: Canadian Business Online

GRIMSBY, Ont. – Two senior members of the European Union will be in Canada later this month for what is billed as a Canada-EU summit. Prime Minister Stephen Harper says Herman Van Rompuy, President of the European Council, and Jose Manuel Barroso, President of the European Commission, will be in Ottawa and Toronto on Sept. 26. Harper made the announcement in Grimsby, Ont., while meeting with members of the local business commu ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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2 weeks ago

Europe fears Scottish independence contagion

Sep 14 2014 2:14am CDT | Source: Business Insider

Brussels (AFP) - The prospect of Scottish independence is raising fears in Europe that it could inflame other separatist movements at a time when the continent's unity and even its borders are under threat, analysts say.While nationalists from Catalonia to Flanders will watch Scotland's referendum with hope, Brussels is nervous about the possibility of a major European Union member like Britain falling apart.The ...
Source: Business Insider   Full article at: Business Insider
 

 
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2 weeks ago

West imposes new Russia sanctions, Putin defiant

Sep 12 2014 12:53pm CDT | Source: Business Insider

Kiev (AFP) - The United States and European Union hit Russia with tough new sanctions Friday in a coordinated riposte to Moscow's "unacceptable behaviour" in Ukraine.Moscow responded by accusing its foes of seeking to derail a fragile ceasefire that came into force just a week ago, aimed at halting a conflict that has killed more than 2,700 people and inflicted heavy damage in towns and cities across Ukraine's industrial heartland.While the guns have largely fallen silent ...
Source: Business Insider   Full article at: Business Insider
 

 

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