3 ms·
98% of the goods listed in CETA are tariff free.
by bryanlarsen 9d ago
98% of the goods listed in CETA are tariff free.
- jorblumesea 9d agosure but the most important piece, the ICS, is still frozen and will remain blocked indefinitely. what you have is just a provisionally agreed upon free trade agreement. It's a long way from its original goal. Also if a single member country doesn't ratify, it's pulling the plug on ceta. It's in a legal grey zone and will probably remain in that state forever, due to ICS being so controversial to EU member states. CETA isn't in a good place right now and it's yet another sign that EU doesn't want as deep economic integration as Canada leaders are selling. Canadian leadership is pushing hard and it makes sense, good for the common Canadian, but the EU is more skeptical and doesn't see the same value add. this is also the conclusion that the FT article came to, Canada isn't as lucrative of a trade partner as they are selling to the Canadian people.