Green Light for Free Trade Negotiations with Canada

May 5, 2009 at 1:53 pm

The European Commission will lead negotiations for a new economic and free trade agreement between the EU and Canada, which would go beyond current WTO commitments and reinforce the already strong bilateral trade and investment relationship.

“The decision today sends a signal that the European Union remains committed to trade and open markets at a time of economic crisis and rising protectionist sentiment,” said EU Trade Commissioner Catherine Ashton on April 27.

Last year, trade in goods and services between the EU and Canada exceeded 70 billion euros and the total stock of investment stood at over 260 billion euros. Negotiations are expected to be launched at the EU-Canada Summit in Prague on May 6.

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Entry filed under: European Union, Free Trade Agreements.

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Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
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