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.
“The EPP Group is in favor of CETA because we want to don’t have a free trade agreement, we want to have a fair trade agreement. We need rules for doing trade globally, and that is exactly what we do with this agreement”, explains Weber. He also said that this agreement represents an answer to Trump. “Trump wants to build up a wall, we want to build up bridges”, is Manfred Weber’s comment. With this, the European Parliament shows that it is a credible partner to deliver on CETA.
Angola might devalue the kwanza, as the country’s economy is threatened
Angola’s central bank governor said that the national currency, the kwanza, registered a 10% depreciation, from January to the current...
Real estate is at risk because of the exogenous crisis caused by COVID-19
Participatory real estate investment has not escaped the economic and health crisis. However, the consequences will not be the same...
The coronavirus has caused a rise in cannabis prices
According to a report published last year by the National Drug Plan, one in ten Spanish adults use hashish or...
Bitcoin hash rate is slumping due to uncertainty
While the Bitcoin price started to slowly increase again, the BTC hash rate is plummeting. According to blockchain.com, the maximum...
Italian biotech companies entered the race to find a vaccine against COVID-19
Several Italian biotech companies, such as Irbim, ReiThera and Takis, have entered the international race to develop a vaccine that...
- Featured6 days ago
Fintech is the bet of bankarization in the digital era
- Crypto5 days ago
Could the sale of $11.3 million XRP by MoneyGram affect the Ripple Hodler?
- Biotech4 days ago
Hemarina offers its oxygen carrier molecule to fight the COVID-19 pandemic
- Business5 days ago
The COVID-19 pandemic is a catastrophe for the world’s economy