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Europe, Canada and the Comprehensive Economic Partnership Agreement

Europe, Canada and the Comprehensive Economic Partnership Agreement
Author: Kurt Hübner
Publisher: Taylor & Francis
Total Pages: 345
Release: 2011-04
Genre: Business & Economics
ISBN: 1136741313

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The Great Recession and the turn towards all forms of protectionism stress the relevance of international trade policy. With the global economy undergoing deep structural changes, the negotiations between Canada and the EU on a Comprehensive Economic and Trade Agreement (CETA) present a real-time experiment that sheds light on the direction that the relationships between two economic units of the G8 will take. For Canada, an agreement with the EU would end its current dependency on the US; for the EU, an agreement with Canada would be a first with a G8-economy and indicate how its new trade strategy ‘Global Europe’ will look like. This book is the first to simultaneously analyze the undercurrents of this project and introduce the main topics at hand. CETA is much more than a simple free trade agreement, its breadth covers regulatory aspects in goods, services, and finance; the opening of public procurement markets; attitudes and policies of Canadian provinces towards liberalization; climate policies and international leadership claims of the EU in comparison to Canadian policy attempts; the challenges of the Euro project and the reform efforts; and the challenges of the Euro as a international reserve currency. CETA is a challenging project that will kick-start enormous changes in trade policy-making as well as in market openness in Canada. It will mark the EU’s efforts to re-make the Atlantic Economy. This book provides deep insights into the ambiguity of the project and addresses the implications of a rapidly changing global economy for trade policy. Offering analysis of the financial industry, banking, trade policy, climate change strategy, and the Euro exchange rate, this book should be of interest to students and policy-makers alike.


An Overview of the Comprehensive Economic and Trade Agreement Between Canada and the European Union

An Overview of the Comprehensive Economic and Trade Agreement Between Canada and the European Union
Author: Xavier Van Overmeire
Publisher:
Total Pages:
Release: 2016-02
Genre: Canada
ISBN: 9780433488200

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"A concise analysis of the draft Comprehensive Economic Trade Agreement between Canada and the European Union. Each chapter is dedicated to a specific topic area and generally includes a brief summary of the topic, reviews the pre-CETA landscape and how it has been changed by the agreement, a comparison to other trade agreements and concluding remarks."--


Negotiations on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) Concluded

Negotiations on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) Concluded
Author:
Publisher:
Total Pages: 14
Release: 2014
Genre:
ISBN:

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The Comprehensive Economic Trade Agreement (CETA) between the EU and Canada, on which negotiations were concluded at the EU-Canada Summit in Ottawa on 26 September 2014, will be a 'first' in many areas. The agreement will be the EU's first with another highly industrialised country to facilitate market access for goods, services and investment by abolishing almost all tariffs and reducing a wide array of non-tariff barriers. CETA is also the first agreement to have been negotiated with a sound chapter on investment protection, (including Investor-State Dispute Settlement (ISDS) provisions) {OCLCbr#D0}– an area that is, since the entry into force of the Lisbon Treaty, an EU competence. The EU and Canada have agreed to improve regulatory cooperation without compromising existing safety standards, and CETA includes protection for more than 145 food products with geographical indications (GIs). The agreement preserves the governments' right to regulate in the public interest. The European Parliament will be asked to give its consent to this agreement and to the parallel Strategic Partnership Agreement (SPA) {OCLCbr#D0}– a process that is likely to take two years. This will give the Parliament sufficient time to weigh potential public concerns {OCLCbr#D0}– which today are focussed principally on trade and investment negotiations with the US, but may spill over onto this agreement with Canada.


The Comprehensive Economic and Trade Agreement Between the European Union and Canada

The Comprehensive Economic and Trade Agreement Between the European Union and Canada
Author: Xavier Van Overmeire
Publisher:
Total Pages: 161
Release: 2020
Genre: Canada
ISBN: 9780433507048

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"The aim of this book is to help Canada’s and Europe’s business community get a better understanding of what is new in CETA, how it is different from traditional trade agreements, and how it is bound to benefit the Canadian and European economies. We describe how today’s firms operate in a new trade reality where global value chains and service trade are omnipresent. We show how the agreement reflects this new reality in its comprehensive nature compared to other recent free trade agreements, providing a long-awaited effectiveness in addressing so-called “behind the border” barriers. Attention to the pharmaceutical, food, automotive, maritime and telecommunications industries, which have been specifically targeted by the Treaty. The combination of our economic and legal analysis provides business leaders the opportunity to deepen both their understanding why the accord matters economically and how the legal measures will affect their specific businesses. We also discuss how CETA will play a key role (after more than two years of provisional application) in the economic recovery post-COVID-19. The Comprehensive Economic and Trade Agreement between the European Union and Canada: Economic Perspectives and Legal Analysis is a timely publication that providers readers an easy-to-understand overview of the key changes that CETA has introduced."-- Page 4 de la couverture.


Canada and the European Union

Canada and the European Union
Author: Selen Sarisoy Guerin
Publisher: CEPS
Total Pages: 32
Release: 2008
Genre: Canada
ISBN: 9290798041

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This paper argues that there are significant potential economic gains to be obtained from an EU-Canada Free Trade Agreement. The evolution of trade between the US and Canada following the signing of CUSFTA in 1989 offers a good illustration of how trade might increase after an EU-Canada FTA, as the patterns and levels of protection between the EU and Canada today are very similar to the protection that existed between the US and Canada in 1989. Although many empirical studies fail to find support for 'trade diversion' created by NAFTA (or CUSFTA) at the expense of the EU and to the benefit of the US, there is some evidence of trade diversion when detailed regional trade is examined. If indeed trade diversion has occurred due to NAFTA, then an EU-Canada FTA is welfare-enhancing for Canada. For the EU, a potential FTA can level the playing field with the US and increase the competitiveness of European firms in the Canadian market.


CETA: the Making of the Comprehensive Economic and Trade Agreement Between Canada and the EU

CETA: the Making of the Comprehensive Economic and Trade Agreement Between Canada and the EU
Author: Kurt Hübner
Publisher:
Total Pages: 36
Release: 2016
Genre: Canada
ISBN: 9782365675505

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Once ratified, the Comprehensive and Economic Trade Agreement (CETA) could ultimately eliminate all tariff barriers between the European Union and Canada. CETA is also a new generation Free-Trade Agreement: it includes the opening of public procurement, the facilitation of cross investments and cooperation in the area of regulation. Its long negotiation process illustrated important changes that are happening in the way trade agreements are negotiated, both in Canada and in the EU. A wide variety of actors was involved. Because the federal government of Canada cannot implement international commitments in areas of provincial jurisdiction, the European Union requested that the provinces should be included in the discussions – Quebec and Ontario being the most interested. From the EU side, Germany, France and the United Kingdom led the process. Labor and trade unions as well as lobbying groups also supported the project. Following the signing of the agreement in October 2013, the ratification process was delayed because of the start of the TTIP negotiations between the European Union and the United States. Canadian civil society organizations had already expressed criticism, which was echoed by their European counterparts, particularly worried about the investor state dispute settlement (ISDS) system. The legal scrubbing phase resulted in a compromise on this point.The new Prime Minister Justin Trudeau, who replaced Conservative leader Stephen Harper in October 2015, has considered the implementation of the agreement as Canada's top priority regarding international trade.


Comprehensive Economic and Trade Agreement (CETA) with Canada

Comprehensive Economic and Trade Agreement (CETA) with Canada
Author: Wilhelm Schöllmann
Publisher:
Total Pages: 12
Release: 2016
Genre:
ISBN:

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EU-Canada negotiations for a Comprehensive Economic and Trade Agreement (CETA) started in May 2009 and were declared concluded at the EU-Canada Summit on 26 September 2014. The agreement's overall aim is to increase flows of goods, services and investment to the benefit of both partners. For the EU, CETA represents the first comprehensive economic agreement with a highly industrialised Western economy. Except for a few sensitive agricultural products, the agreement would remove practically all tariffs on goods exchanged between the two partners. Canada would substantially open up its public procurement at both federal and sub-federal level, thereby eliminating a major asymmetry in access to each other's public procurement markets. The EU succeeded in securing protection for a large number of European Geographical Indications (GIs) on the Canadian market. Provisions on sustainable development should ensure that trade and investment do not develop to the detriment of, but rather support, environmental protection and social development. On 5 July 2016, the Commission made three proposals for a Council decision with respect to CETA: to sign the agreement, on provisional application, and on conclusion. The Council and Member States have had difficult discussions on the conditions under which CETA can be signed. The consent procedure can be launched once the proposal to conclude the agreement has officially reached the European Parliament. First edition. The ‘International Agreements in Progress’ briefings are updated at key stages throughout the process, from initial discussions through to ratification.


EU-Canada Comprehensive Economic and Trade Agreement

EU-Canada Comprehensive Economic and Trade Agreement
Author: Robert Dover
Publisher:
Total Pages: 37
Release: 2012
Genre: Canada
ISBN: 9789282340165

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This workshop emphasized the importance of the Comprehensive Economic and Trade Agreement (CETA) to EU-Canada trade (and political) relations, but also as an emblem of the ambition and form of future trade agreements with important trading states and blocs, including the United States.