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Partnership For Resource Trade Welcomes CETA Progress

Jean Charest: "This is great news for Canadian jobs"

OTTAWA, Aug. 6, 2014 /CNW Telbec/ - Jean Charest joins other Canadian leaders in welcoming agreement on final text of the Canada-EU free trade agreement. 

"Many in business and in government have been encouraging a comprehensive trade and investment agreement between Canada and Europe for years", said Charest, chair of the Partnership for Resource Trade. "The progress this week represents great news for Canadian workers, consumers and employers." 

"Canada is now well positioned in a world of increasingly interdependent economies where each country must work to strengthen trade and ensure its fluidity. The rising economic and political power of emerging economies have weighed heavily in the decision of the United States and the EU to enter into trade negotiations last year, with the goal of delivering an agreement aimed at greater reciprocal access to their respective markets."

"This announcement is a great step to promote our economic interests and our common democratic values, defend the sovereignty of our states and ensure a prosperous future for our children."

"This agreement represents a new generation of treaties and make the most of globalization within our respective economies. It will not only allow us to deal with all trade issues (including tariffs, rules of origin, investment and government procurement), but it will also allow us to address the human and social dimensions of our relationship, particularly in regard to the environment, research, innovation and culture."

"This agreement opening new trade opportunities in a market the size of Europe should allow for greater diversification of our economy and give stronger incentives to the development of our businesses, products and services."

"With 500 million people and $17 trillion GDP, the European Union is the world's largest integrated economy area, and Canada's second-largest trading partner. CETA means opportunities for Canadian exporters, importers and consumers, and is forecast to deliver a 20% boost in bilateral trade, the equivalent of creating almost 80,000 jobs." 

 

SOURCE Partnership For Resource Trade

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