Collection

EU-Canada Comprehensive Economic and Trade Agreement (CETA)

CETA is a trade agreement between the EU and Canada which removes tariff and non-tariff barriers to trade between the UK and Canada.

CETA is the most extensive EU free trade agreement to date. It benefits UK companies by immediately removing 98% of the duties they have to pay at Canadian customs.

The benefits for UK companies are:

  • elimination of nearly all Canadian import duties
  • increased opportunities for UK companies to bid for public contracts in Canada
  • strengthening of UK firms’ ability to access Canadian services and investment markets
  • improvement of the framework for temporary movement of company personnel and service providers between the EU and Canada
  • strengthening of the Canadian intellectual property environment
  • strengthening of the cooperation between European and Canadian standard setting bodies

CETA: legislation

The majority of the agreement and its removal of tariff and non-tariff barriers came into effect with provisional application on 21 September 2017. The remainder comes into effect with the completion of ratification in each EU member state.

The government has started the formal process for UK ratification of CETA. This includes:

The Regulatory Policy Committee (RPC) carried out an independent review of the CETA impact assessment. The RPC is an advisory non-departmental public body, which provides the government with external, independent scrutiny of new regulatory and deregulatory proposals.

CETA: guidance

Guidance on the implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA).

CETA: research

The CETA impact assessment references the 2018 study ‘Impact of the EU-Canada Comprehensive and Economic Trade Agreement on the UK’. The 2010 report ‘The implications of an EU-Canada FTA for the UK’ was referred to before this was available so has been published for transparency.

Published 23 May 2018