bilateral ambition caab april 2012 presentation

8/2/2019 Bilateral Ambition CAAB April 2012 Presentation

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Bilateral Ambition:

Canada, the EU, and theComprehensive Economic and

Trade Agreement (CETA)

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1. History

Cultural and Economic bonds built over centuries ofimmigration and travel

First formal treaty EURATOM (1959)

Bilateral Framework Agreement for Commercial andEconomic Cooperation (1976)

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1. History (continued)

Sector specific agreements: Science and Technology (1996)

Higher Education and Training (1995, 2000)

Customs Cooperation (1998)

Veterinary Equivalency (1998)

Competition Cooperation (1999)

Wine and Spirits (2004)

Trade and Investment Enhancement (2004)

Civil Aviation Safety (2009)

Comprehensive Air Transport (2009)

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2. General Overview

Convergence of Canadian and European strategies

Trade liberalization

Favourable market access terms

attract foreign investment innovation

expand international commercial networks

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3. Joint Study

Towards a Comprehensive Economic Agreement

Increased exports of goods and services

Canada EU $CDN 12.5 B (8.5 B)

EU Canada $CDN 25.0 B (17 B)

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4. Scoping Report

Enhance economic relationship

Removal of Non-Tariff Barriers (NTBs) investment

labour mobility

regulatory cooperation

environment

science & technology

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5. Current Canada EU Trade

EU is the worlds largest single market EU is Canadas second largest trading partner

Canada is EUs eleventh largest trading partner

TRADE IN GOODS & SERVICES

Canada EU $49.1 B (37.7 B)

EU Canada $55.2 B (42.3 B)

FOREIGN DIRECT INVESTMENT

Canada EU $148.7 B (114.3 B)

EU Canada $145.7 B (112.1 B)

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6. Scope

trade in goods

sanitary and phytosanitary issues

technical barriers to trade

trade facilitation customs procedures and rules of origin

cross-border trade in services, including mutualrecognition of professional qualifications

investment

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6. Scope (continued)

central and sub-central government procurement

regulatory cooperation (laws and procedures)

intellectual property

temporary movement of business persons competition policy and related matters (monopolies and

state enterprises)

institutional arrangements and dispute settlement

sustainable development

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7. Current Obstacles

Provincial regulations

Public procurement

Supply management

WTO sanitary and phytosanitary standards Market access

Rules of Origin

Intellectual Property

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7. Current Obstacles (continued)

Geographic indications

Services

Cooperation Mechanisms

Labour mobility and movement of business persons Investment

Regulatory Cooperation and Technical Barriers to Trade(TBT)

Monopolies and State Enterprises

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8. Distinctive Features

Focus on NTBs

Provinces at negotiating table for first time

Negative list approach

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9. Future

First agreement with OECD country

Prototype for new generation of trade agreements

Harmonization among provinces

EU growth = new opportunities

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bilateral ambition caab april 2012 presentation

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