Canada-European Union: Comprehensive Economic and Trade Agreement (CETA) The historic Canada and European Union (EU) Comprehensive Economic and Trade Agreement (CETA) is by far Canada’s most ambitious trade initiative. What are the main aspects of it and what's in it?

1. Comprehensive Economic & Trade Agreement (CETA
Main aspects of it and what’s in i
Presented on May 8th 2
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2. Some Statistics:
Canada & Europe Trades Summary
- In 2014, Canada was EU’s 12th most important trading partner;
- EU is Canada 2nd most important trading partner;
- Total value of bilateral trade 59,1 bn in 2014;€
- Machinery, transport equipment & chemicals;
- €28,8 bn trade in services;
- Investment from EU investors in Canada in 2013: 224.2 bn;€
- Investment from Canada in EU in 2013: 117.0 bn.€

3. Agreement in Principles:
The Exact Status of CETA
The text of the agreement will undergo a legal
scrubbing followed by a translation into all official
languages of the EU. At a later stage, the
agreement will need to be approved by the
Council and the European Parliament and the
Canadian government (ratification)

4. What’s in it:
Main Aspects of it
- Elimination on tariff on goods
- Elimination of technical barriers
- Faster entry of goods
- Investment protection
- Services
- Government procurement
- Intellectual property
- Dispute Settlement
- Rules of origin
- Labour mobility & recognition

5. What’s in it:
Elimination of Tariffs on Goods
- Élimination of 98% of EU tariffs on Canadian goods;
- The remaining will be eliminated over a period of 7 years;
- Strict rule of origin

6. What’s in it:
Elimination of Technical Barriers
- Recognition / Uniformisation of :
- Labeling;
- Product testing & certification;

7. What’s in it:
Investment Protection
- Investors vs. State dispute settlement process;
- Protection from discriminatory or arbitrary government actions;
- Investors may receive compensation.

8. What’s in it:
Services
- Better access to individual markets;
- Common regulation of licensing and qualification criterions;
- Mutual recognition of professional qualifications to facilitate
the entry for highly skilled workers;

9. What’s in it:
Government Procurements
- Business will be able to participate in the government market;
- Only high value procurements contracts with a threshold value
(Allowing government to support local development);
- Excluded/Closed industries: cultural, R&D, defines,
recreation & sports, education and social, health care

10. What’s in it:
Intellectual Property
- Extended patent for pharmaceuticals ( 8 years +2);
- Better counterfeiting laws;
- Harmonisation of Trademark laws;
- Wider recognition of EU geographical indication on certain food;

11. What’s in it:
Labour & Mobility
- Intra-company transferees (the lesser of 3 years or the length
of the contract;
- Contract suppliers & independant professionnels;
- Intra-company trainees & investors (1 year or the term of the
contract);
- Short term business visitors (90 days within 6 month period)

12. What’s Next?
We are here to support
Christian Saraï lis Esq. LL.B, lawyer
(Business law, Intellectual Property Law & Commercial Litigation)
http://www.sarailis.ca
Tel.: +1(418) 780-3880 ext. 201
christian@sarailis.ca
Quebec City, Canada