The last week of September marks the fourth anniversary of the provisional implementation of the Canada - European Union (EU) Comprehensive Economic and Trade Agreement (CETA), which came into effect in September 2017.

Compared with 2016 - the last full year before CETA entered into force - total trade flows between the EU and Canada witnessed an increase of 15.3% for goods in 2020 despite the pandemic.

Similarly, trade in agricultural goods increased 34.7% in 2020 compared to 2016.

CETA is also an agreement which contains strong commitments on sustainable development, and which provides an excellent platform for the two sides to cooperate and exchange views on a wide range of sustainability issues, from climate change to labour rights. In particular, the EU and Canada are translating into concrete actions the three recommendations adopted at the first meeting of the CETA Joint Committee in September 2018 on trade and gender, trade and climate and trade and SMEs.

 

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