Final text brings CETA closer to fruition - kcentv.com - KCEN HD - Waco, Temple, and Killeen

Final text brings CETA closer to fruition

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Canadian Chamber of Commerce

OTTAWA, Aug. 5, 2014 /CNW/ - The Canadian Chamber of Commerce welcomes news that Canada and the European Union have now completed the final text of the Comprehensive Economic and Trade Agreement (CETA). This latest milestone follows an agreement-in-principle announced in October last year.

"Today is an important step on the path towards free trade with Europe. By reducing trade barriers with the world's largest economy, CETA will bring more opportunities for exporters, lower prices for consumers and new investments to Canada," said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce.

The agreement will eliminate the vast majority of tariffs, expand quotas, open up markets for services and government procurement, improve trade facilitation and customs services, encourage regulatory cooperation and protect investments and intellectual property.

"Political leaders and negotiating teams from both countries should be congratulated for their sustained efforts and resolve in the face of very challenging issues and timelines. But, there's still a lot of work ahead to put CETA into effect," added Mr. Beatty.

In Canada, both the federal and provincial governments will need to amend or pass new legislation to implement the provisions of the agreement. In Europe, approval is required from the European Council and Parliament.

"To get through the next phase, policymakers will need to continue to exert the leadership that got us to where we are today. We look forward to working with them and our membership to make sure the opportunities opened up by this agreement are fully realized," said Mr. Beatty.

The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing some 200, 000 businesses of all sizes in all sectors of the economy and in all regions. News and information are available at Chamber.ca or follow us on Twitter @CdnChamberofCom.


©2012 PR Newswire. All Rights Reserved.

  • Latest NewsMore>>

  • Boeing and SpaceX Are Due to Win NASA's Nod for Space Taxis

    Boeing and SpaceX Are Due to Win NASA's Nod for Space Taxis

    Tuesday, September 16 2014 3:20 PM EDT2014-09-16 19:20:45 GMT
    Boeing and SpaceX are expected to win out on Tuesday when NASA announces its selection of the commercial spaceships that will fly astronauts to and from the International Space Station. Sources familiar with the months-long selection process told NBC News that Boeing's CST-100 capsule and SpaceX's Dragon spacecraft are expected to start sending crews to the station in 2017.Since the retirement of the space shuttles in 2011, NASA has had to send U.S. astronauts to the station on ...More >>
    Boeing and SpaceX are expected to win out on Tuesday when NASA announces its selection of the commercial spaceships that will fly astronauts to and from the International Space Station. Sources familiar with the months-long selection process told NBC News that Boeing's CST-100 capsule and SpaceX's Dragon spacecraft are expected to start sending crews to the station in 2017.Since the retirement of the space shuttles in 2011, NASA has had to send U.S. astronauts to the station on ...More >>
  • WATCH: Peek-A-Boo Game Goes Wrong After Dad Shaves Beard

    WATCH: Peek-A-Boo Game Goes Wrong After Dad Shaves Beard

    Tuesday, September 16 2014 2:47 PM EDT2014-09-16 18:47:40 GMT
    One little girl got a surprise while playing peekaboo with her dad. And she did not like it.In the video uploaded to YouTube on Sept 11, the girl is shown playing the game with her dad as he hides his bearded face behind a washcloth, popping out several times saying "peekaboo!" She laughs! The video has since garnered more than 2 million page views.The father tells the girl to hold on for a moment, and he'll be right back. He returns with his face once again covered with the washclo...More >>
    One little girl got a surprise while playing peekaboo with her dad. And she did not like it.In the video uploaded to YouTube on Sept 11, the girl is shown playing the game with her dad as he hides his bearded face behind a washcloth, popping out several times saying "peekaboo!" She laughs! The video has since garnered more than 2 million page views.The father tells the girl to hold on for a moment, and he'll be right back. He returns with his face once again covered with the washclo...More >>
  • CPS Received Multiple Reports Before Central Texas Boy's Death

    CPS Received Multiple Reports Before Central Texas Boy's Death

    Tuesday, September 16 2014 2:26 PM EDT2014-09-16 18:26:06 GMT
     Texas Child Protective Services received multiple reports that 2-year-old Colton Turner may be the victim of abuse in the weeks and months before he was found dead in a shallow grave, law enforcement sources have confirmed to the KVUE Defenders and Austin American-Statesman.CPS had received four total complaints beginning when Colton was about six months old, according to the sources.Two of the complaints had been resolved, but it was not immediately clear how. The other two ...More >>
     Texas Child Protective Services received multiple reports that 2-year-old Colton Turner may be the victim of abuse in the weeks and months before he was found dead in a shallow grave, law enforcement sources have confirmed to the KVUE Defenders and Austin American-Statesman.CPS had received four total complaints beginning when Colton was about six months old, according to the sources.Two of the complaints had been resolved, but it was not immediately clear how. The other two ...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KCEN. All Rights Reserved. Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.