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Canada | Brussels, 21 April 2016

Malmström met Minister Freeland of Canada

This week, EU Trade Commissioner Cecilia Malmström met Minister of International Trade of Canada Chrystia Freeland.

The two discussed the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada, and Canada-EU economic relations.

Following their meeting on Wednesday, they released the following statement:

“CETA represents the new global standard of progressive trade agreements. On February 29, 2016, Canada and the European Commission were pleased to announce the completion of the legal review of the agreement, and we continue to make progress translating the text into French and the 21 other EU treaty languages.

“Our top priority is to sign CETA this year, and see it enter into force in 2017. CETA will bring tremendous benefits to both of our economies and stands to increase Canada-EU bilateral exports of goods and services by 23 percent or €26 billion annually.

“This agreement will make the investment system more transparent, independent, and impartial.

“CETA is one of the most ambitious and progressive trade agreements ever concluded by either Canada or the EU. This gold-standard agreement will benefit both our economies and deepen the already strong trade and investment relationship we share.”

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