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EuropeanCommissionDirectorateGeneralofTrade

EU&Canada

• CanadaisEU's11th tradingpartner• EUisCanada's2nd tradingpartner• EUenjoysapositivetradebalanceonboth:• Goods(nearly7billionEURin2015)• Services(nearly4billionEURin2015

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CETA

• First trade deal with a G7 Member• By far the most far reaching and progressive FTA• The EU can deliver high ambition FTAs without lowering

standards• Reinforces our respective and mutual economic

interests• Strengthens our position on the global stage

LaunchofNegotiations

2009

CETAsignedatEU-CanadaSummit

30October2016

September2014

EndofNegotiations

21September2017

Provisionalapplication

CETA

(Excluding ICS)

CETATimeline

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MSRATIFICATION

• Eliminates custom duties on 98% of all tariff line

• Opens Canada's public procurement market• Opens up markets for European food and drink

exports• Ensures protection of 143 EU traditional food products• Facilitates the movement of professionals• Provides better access to EU firms to sell services in

Canada• Makes it easier for European firms to invest in Canada

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CETA

andmore…

Tradeinindustrialgoods

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• CETAabolishesover98%ofCanadiancustomsdutiesfromday1.

• Opensupkeysectors

• Removesnon-tariffbarriers

• 91%foodanddrinkproductsliberalizedonday1

• 143 EUGI'sprotected

CETAandagriculture

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€3.4bn ThevalueofannualEUfoodanddrinkexportstoCanada1

9 Canada'srankingamongsttheEU'sfoodanddrinkexportmarkets

91% ShareoffoodanddrinkproductsthatCanadahasliberalized

fromdayone

32000t TonsofcheesetheEUwillbeabletoexportduty-free– twiceasmuchas

before

KeyEUexportsofagri-food productsandtariffelimination

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Openingupoftheservicesmarket

• Greaterlegalcertainty• Easieraccessforcompany

staffandotherprofessionals

• Frameworkforthemutualrecognitionofprofessionalqualificationssuchasarchitects,accountantsandengineers.

• AdditionalMarketAccessinareaslike:• maritimeservices• environmental

services• telecoms• finance

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Publicprocurement

• Unprecedentedaccesstopubliccontractsatatfederal,provincialandmunicipallevel

• Newaccesstoenergyutilityandmasstransitprocurementinprovincesandterritories

• GreaterTransparency:Singleelectronicpointofaccessforprocurementtendersatalllevels

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Better protectionforEUrightholders

• CETAwillimprovehowCanada’sIPRsystemprotectspatentsforEUpharmaceuticalproducts.

• Strengthentheprotectionofcopyrightsandenforcement

• Canadawillstrengthenitsbordermeasuresagainstcounterfeitgoods

• Canadawillprotect143 Europeangeographicalindications.

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Investment

• The EU and Canada have strong ties with respect to foreign directinvestment:• European investors held investments worth EUR 249 billion in Canada in 2015• Canadian direct investment stock in EU amounted to EUR 228 billion in 2015

• EU investors will benefit from the increase in threshold for the review ofacquisition of Canadian companies (pre CETA CAD 354 million to post CETACAD 1.5 billion).

• More precise investment protection standards, new and clearer rules on theconduct of procedures

• This should ensure a high level of protection of investors, while fullypreserving the right of governments to regulate

• CETA is the first agreement that puts all EU investors on the same footing,whether from large or smaller Member States

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InvestmentCourtSystem(ICS)willinclude:

• professional,independentjudgesboundbyastrictcodeofconduct• hearingsheldinpublicandpublishdocumentsrelatingtocases• clearly-specifiedgroundsonwhichaninvestorcanchallengeastate.• TheEUandCanadawillcontinuetoworktogethertofurtherdevelopthe

ICS.

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Ambitiousrulesonlabourandenvironment

CETAintegratestheEU’sandCanada'sobligationsto:

• Internationalrulesonworkers’rights• Environmentalprotection,• givesastrongroletoEUandCanadiancivil

societyinparticipatingintheimplementationofthecommitmentsintheseareasand

• Commitmentstointernationalstandardsandagreements

CETAincludesaprocessforsettlingdisputes,includinggovernmentconsultationsandapanelofexperts

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