The European Parliament’s International Trade Committee backs the CETA trade accord between the EU and Canada, an important step toward ratification. The EPP Group’s MEP Artis Pabriks, says that the European Union and Canada should show that they are open, forward-looking and ready to take on challenges. Pabriks approved the EU-Canada comprehensive, economic trade agreement and said that CETA can serve as a model for other 21-century trade deals.
“From a content perspective, it is a very good example of how we could go forward with other trade deals. While other are hesitant, Europe should take the chance and lead,” confirms Pabriks. He also says that businesses large and small will boost trade by 20 percent when CETA slashes export tariffs by half a billion Euros. The agreement is now set for a final Parliamentary vote in February.
EPP Group Chairman, Manfred Weber, welcomes what he sees as a balanced agreement. He declares that the public debate on CETA has been a very intensive one, but that it is extremely important and positive. Weber explains that the agreement today clarifies the fears and concerns of the people.
CETA will also enable small and medium size EU business to trade with Canada, it will establish one website portal to compete for public service contracts and it will simplify recognition of professional qualifications.
Best countries to retire for US citizens this 2019
Panama is the number one choice for people wishing to retire overseas while the Dominican Republic, Italy’s Abruzzo, and Cuenca,...
Why insurance is a sensible investment for any growing business
Business owners need to recognize the importance of insurance and how it is a valuable investment for a company's future.
3 things business travelers need in their travel plans
Unsurprisingly, travel buyers are setting goals like reducing costs, improving compliance, and boosting traveler satisfaction in 2019. To meet those...
Pay-As-You-Go vs. Subscription: Which model is best for your business?
Netflix does it, Spotify does it, and even razor companies have gotten on the bandwagon by offering subscription services. How...
US crude oil tankers headed to China as trade talks resume
With trade talks between the U.S. and China resuming, several ships have been identified as oil tankers likely delivering U.S....
- Entrepreneurship3 days ago
Why and how to invest in healthcare app development
- Business4 days ago
What zero trust security will mean for the payments industry
- Commodities4 days ago
Newmont Mining agrees to all-share takeover of Goldcorp Inc.
- Business3 days ago
How construction companies are embracing environmental compliance
- Featured4 days ago
The best security options for high-end luxury homes
- Business4 days ago
Oversized flyers: What should seatmates and airlines do?
- Crypto3 days ago
The status of crypto in US and China
- Business2 days ago
Gambling outlook for 2019: Will the UK’s crackdown have an impact on investors?