Germany ratifies Canada-European Union Comprehensive Economic and Trade Agreement

By Caribbean News Global

OTTAWA, Canada – Mary Ng, minister of international trade, export promotion, small business and economic development, issued the following statement on Germany’s advancement of its ratification of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA):

“Canada and European Union have a strong trade and investment relationship rooted in our dynamic supply chains and deepened by our people-to-people ties. On the occasion of CETA’s fifth anniversary, Canada welcomes Germany’s major step forward in its CETA ratification process.

“CETA’s benefits to Germany and Canada are clear. Canada-Germany trade has increased more than 16 percent from pre-CETA levels, reaching $25.5 billion last year. Our government will continue to work with the European Union toward the full implementation of CETA.”