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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43 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

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1 week ago

EU’s top diplomat says Vietnam trade talks need further impetus for agreement this year

Aug 12 2014 3:25am CDT | Source: Canadian Business Online

HANOI, Vietnam – The European Union is making progress in free trade talks with Vietnam but a concerted push would be needed to reach an agreement this year, the EU’s top diplomat said Tuesday. Speaking to reporters in Hanoi during a one-day visit, Catherine Ashton said the negotiations will be given “new impetus” by EU President Jose Manuel Barroso’s visit to Vietnam later this month. “Negotiations are making good progress although acceleration of talks woul ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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1 week ago

NATO warns Vladimir Putin sending aid convoy to Ukraine as pretext for invasion of ‘New Russia’

Aug 11 2014 4:17pm CDT | Source: National Post

President Vladimir Putin said on Monday Russia is sending an aid convoy to eastern Ukraine despite urgent Western warnings against using humanitarian help as a pretext for an invasion. AP Photo/Alexei Druzhinin, RIA-Novosti, Presidential Press ServiceRussian President Vladimir Putin congratulates Turkish Prime Minister Recep Tayyip Erdogan in the Black Sea resort of Sochi, Russia, Monday, Aug. 11, 2014. With Ukraine reporting Russia has massed 45,000 troops on its border, NATO sai ...
Source: National Post   Full article at: National Post
 

 
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2 weeks ago

Juncker: “Greece is not Argentina,” austerity model for avoiding default

Aug 4 2014 9:01am CDT | Source: Canadian Business Online

ATHENS, Greece – Greece’s recent efforts to get its public finances into shape could have been the model for recently defaulted Argentina to follow. That’s the view of Jean-Claude Juncker, the man who is due to take over the European Union’s executive branch in November. After talks with Greek Prime Minister Antonis Samaras in Athens, Juncker said the reforms carried about by the country over the ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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4 weeks ago

Juncker Pushes for Higher Energy-Efficiency Target

Jul 20 2014 4:03pm CDT | Source: WSJ.com: Asia Home

The incoming president of the European Commission is taking a tougher line than the current president, José Manuel Barroso. ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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5 weeks ago

L’UE engage un nouveau financement de €750 millions pour renforcer la paix et la sécurité en Afrique

Jul 15 2014 2:30pm CDT | Source: Africa Business

BRUXELLES, Royaume de Belgique, 15 juillet 2014/African Press Organization (APO)/ – L’UE a adopté aujourd’hui un programme d’action qui fournira jusqu’à €750 millions pour la période 2014-2016 afin de soutenir la paix et la sécurité en Afrique. Ce nouvel engagement financier, annoncé par le Président de la Commission eu ...
Source: Africa Business   Full article at: Africa Business
 

 
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5 weeks ago

Junker expected to replace Barroso as EC president today

Jul 14 2014 5:15pm CDT | Source: Euronews

Jean Claude Junker is expected to be endorsed as president of the European Commission later today, replacing Jose Manuel Barroso. Junc ...
Source: Euronews   Full article at: Euronews
 

 
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5 weeks ago

Witty dealmaker Juncker set to be EU’s new chief executive

Jul 14 2014 3:32am CDT | Source: Canadian Business Online

BRUSSELS – The incoming leader of Europe’s most powerful bureaucracy is a master of the backroom deal — and an outspoken and witty career politician who once advocated the right to lie in times of crisis. Jean-Claude Juncker, who was prime minister of Luxembourg for almost two decades, was a controversial pick as the 28-nation European Union’s new chief executive, not least because the British government vociferously oppo ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 

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