Romania-Canada Trade to Reach Historic Highs under CETA
On the 15th of February 2017, in Strasbourg, the European Parliament formally approved the Canada-European Comprehensive Economic and Trade Agreement (CETA). CETA will create vast new opportunities across the EU and in Canada, opening new markets for exporters, generating high-quality jobs for workers, and forging closer links between Canadian and EU member states’ economies. As CETA takes effect, the potential for Canada-EU bilateral trade is expected to grow by 23%, EU exports stand to increase annually by as much as €17 billion, and EU annual GDP growth by as much as €11.6 billion.