CETA evaluation shows strong economic and social benefits

A study published today has found the EU and Canada Comprehensive Economic and Trade Agreement (CETA) boosted trade exports and diversified supply chains across all EU Member States. The study – carried out by independent experts, as part of the Commission's commitment to evidence-based policy making – provides solid proof that open, rules-based, predictable and cooperative trade works.
CETA has also encouraged EU-Canadian cooperation on critical raw materials, according to the study, enhancing the security of critical materials supply for both partners. Moreover, because of the Agreement's ambitious opening of the Canadian procurement market to EU bidders, the value of procurement, meaning the value of government contracts available to EU companies in Canada, is 8.4% higher with CETA.