The EU-Canada CETA agreement benefits both parties by increasing trade in goods and services. Thanks to CETA, 98% of goods are traded duty-free, with the remainder being subject to progressively reducing customs duties. Trade is conducted subject to simplified customs formalities. Between 2017 and 2022, exports from the EU to Canada increased by 47%. The European Commission estimates that around 75,000 new jobs have been created since CETA was concluded. CETA also facilitates access to critical raw materials that are important for the EU’s green transition and technological goals.
CETA also facilitates participation in Canadian tenders for the supply of goods and services, not only at the federal level but also at provincial and municipal levels. No countries outside CETA have this opportunity.
The EU and Canada have also agreed to mutually recognise conformity assessment certificates in areas such as electrical appliances, electronic and radio equipment, toys, and measuring devices or equipment. This means that the certification required for the Canadian market can be carried out in Poland.