(7 years, 3 months ago)
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The Secretary of State for International Trade and President of the Board of Trade (Dr Liam Fox)
EU-Canada comprehensive and economic trade agreement (CETA)—provisional application
The Government wish to inform the House that on 21 September 2017, the comprehensive and economic trade agreement (CETA) between the EU and Canada will be provisionally applied. The date of provisional application was confirmed by the European Commission to EU member states in the last meeting of the Trade Policy Committee.
The UK has always been a strong supporter of CETA and remains a constructive partner in support of EU free trade agreements.
Canada is one of the world’s most developed economies and a significant trading partner for the UK. The provisional application of CETA will benefit consumers and provide opportunities for British businesses with 98% of all Canadian tariff lines being eliminated.
This will create major opportunities for UK businesses across the whole economy and the Government are now working with our Canadian partners to ensure that UK businesses take full advantage of the provisional application of this agreement.
[HCWS132]