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CETA heralds a new Business environment in Canada | Zentora Blog
CETA heralds a new Business environment in Canada | Zentora Blog
Comprehensive Economic and Trade Agreement has the aim and target to increase Free trade between the European Union and Canada. It provides more business opportunities and is designed to create a better environment for important personnel, professionals, service-suppliers, and business visitors coming on a short-term to carry out their developmental activities in Canada.
It will eliminate 98% tariffs between the European Union and Canada. CETA comes into effect in September as an interim measure and a few member states have not ratified it yet. It is estimated that this Agreement will increase the trade volume by 20% between the two entities.