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Brussels relies on CETA to defend Mercosur

2024-02-09T18:43:52.004Z

Highlights: Brussels relies on CETA to defend Mercosur. The European Commissioner for Trade, Valdis Dombrovskis, praises the positive results of the agreement with Canada. In 2022 it allowed an increase in trade in goods by 66% (77 billion euros) and services by 62% (41 billion) compared to 2016. Because the Latvian welcomed Canadian Minister of International Trade Mary Ng on Friday, to formalize new protections for SMEs in accessing the future system.


DECRYPTION - The European Commissioner for Trade, Valdis Dombrovskis, praises the positive results of the agreement with Canada.


Brussels.

A timely meeting.

In the midst of a period of protest by the French government and farmers against the agreement with Mercosur, the European Commissioner for Trade, Valdis Dombrovskis, had some good arguments to put against them on Friday.

By highlighting the positive results of the agreement signed with Ottawa in 2016, the famous CETA, which also raised a lot of criticism in its time.

Far from having destroyed European agriculture, in 2022 it allowed an increase in trade in goods by 66% (77 billion euros) and services by 62% (41 billion) compared to 2016.

This treaty, applied provisionally for commercial exchanges - it is in the ratification phase of national parliaments on the investment aspect - would even become ever more virtuous.

Because the Latvian welcomed Canadian Minister of International Trade Mary Ng on Friday, to formalize new protections for SMEs in accessing the future system...

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Source: lefigaro

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