CETA Agreement Flashcards
1
Q
CETA ?
A
Comprehensive Economic and Trade Agreement
Agreement between Canada and the EU
Came into force after years of negotiations
2
Q
Goal?
A
- decrease tariffs and exported goods
- boost trade by 20% (create new jobs, facilitate business operations by abolishing custom duties, good checks, facilitate mutual recognition of diplomas and regulate investment disputes by creating a new system of courts between investors + increase living standards and work standards
3
Q
Drawbacks of the CETA?
A
Public services, health might be more expensive or cutting costs for hospitals mean letting go of people + buy cheap material + try to sell more (try to treat more people)
Lot of protests because risk of privatization of public sector + risk of bad organization: health + public sector
Some industries aren’t included in the deal: transport, agriculture