CETA (Comprehensive Economic and Trade Agreement)

The Comprehensive Economic and Trade Agreement (CETA) is a trade deal between Canada and the European Union (EU) aimed at reducing barriers to trade and investment. It promotes easier access for goods and services, enhances economic cooperation, and establishes common standards. By lowering tariffs and encouraging trade, CETA seeks to boost economic growth and job creation for both parties. It also includes provisions on issues like labor rights, environmental protection, and intellectual property, ensuring a balanced approach to trade that benefits consumers, businesses, and workers. CETA represents an effort to strengthen economic ties globally.