CETA will Benefit B.C. Says Minister
Prince George, B.C- Prime Minister Justin Trudeau has signed the Comprehensive Economic and Trade Agreement (CETA) with the European Union, and B.C.’s Minister of International Trade Teresa Wat says it is good news for B.C..
“Specifically, B.C. exporters will benefit from increased access to this enormous market, including duty-free access for forestry and wood products as well as new markets for metals and mineral products, agricultural and agrifoods products, fish and seafood” said Minister Wat in a statement issued moments after CETA was signed.
Wat says once CETA is implemented, Canada will be “strategically positioned” to become one of the few developed countries with preferential access to the European market.
The agreement will have to be ratified by Parliament, a move the Prime Minister says could happen within months. It is expected to get an easy ride through Parliament as this path to this agreement was one the previous Harper Government had taken and supported.
The agreement is expected to be ratified by the European Parliament sometime in 2017.