Romania

Romania's Foreign Ministry hails EU, Canada signing comprehensive trade agreement

Romania's Foreign Ministry (MAE) is hailing the signing at an EU-Canada summit meeting in Brussels, the signing of the Comprehensive Economic and Trade Agreement (CETA) between the European Union, on the one hand, and Canada, on the other, as well as of a strategic partnership between the two sides, accordion to a MAE press statement.

The two documents are said to have a significant importance in the future development and furthering of ties between the EU and Canada.

MAE says the signing of CETA is also significant for the continuation of relationships between Romania and Canada as all the preconditions are now met for the lifting as from December 1, 2017 of visa requirements for all Romanian nationals travelling to Canada. This way, it says, equal and full access of Romania's economic and business operators to the trade opportunities under the CETA is secured.

The CETA agreement will directly contribute towards the amplification and diversification of trade between Canada and the EU, while leading to capitalisation on the transatlantic cooperation potentials by opening new trade and investment opportunities, improved market access for goods and services, all the while consolidating rules for bilateral trade between European and Canadian business operators.

The signing of CETA after a long negotiating process is also seen as reconfirming the solidity and viability of the EU as a global trade player.

Source: Romanian National News Agency AGERPRES

 

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