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

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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
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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

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