Eu And Canada Trade Agreement

Once the associations have agreed on the principles and compliance with the procedures established under the procedure, the MRA becomes legally binding to ensure that European professionals can have their qualifications recognised by the competent authorities in Canada and vice versa. Ceta eliminates most customs duties (these are import taxes) on goods traded between the EU and Canada. Tariffs on poultry, meat and eggs are maintained. CETA builds on the WTO`s TRIPS Agreement. There are additional provisions on copyright, trademarks and designs. Special provisions exist with regard to intellectual property rights for medicinal products. Innovators with pharmaceutical patents can oppose marketing authorization decisions in Canada without discrimination against generic drug manufacturers. The same REX number can also be used for other EU preferential trade agreements (e.g. B the EU`s trade agreement with Japan). The agreement includes provisions on non-tariff barriers in the sectors of motor vehicles, competition, state-owned enterprises, trade protection and good manufacturing practices for pharmaceutical products.

Canada agreed to recognize a number of UNECE standards, accompanied by a work programme on the convergence of legislation, taking into account the EU`s negotiations with the United States. On 27 April 2009, EU Member States adopted a negotiating mandate for the implementation of a new economic free trade agreement between the EU and Canada: the Comprehensive Economic and Trade Agreement (CETA). Negotiations were officially started at the EU-Canada Summit held in Prague (Czech Republic) on 6 May 2009. The first meeting on the Canada-European Union Comprehensive Economic and Trade Agreement was held on June 10, 2009. The first round of negotiations took place in Ottawa from October 19 to 23, 2009. On January 18, 2010, Canada and the European Union met in Brussels for the second round of negotiations. The third round of negotiations took place in Ottawa from April 19 to 23, 2010. The fourth took place in Brussels from 12 to 16 July, the fifth in Ottawa from 18 to 22 October 2010 and the sixth in Brussels from 17 to 21 January 2011.

The two countries held a seventh round of talks in April 2011, while the eighth round took place during the week of July 15, 2011. The ninth round of negotiations took place in Ottawa from October 17 to 21, 2011. For certain fishery products, Canada had previously concluded a market access agreement under Community tariff rate quotas. The EU proposes other transitional tariff quotas duty-free. . . .