The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, today issued the following statement on Germany’s advancement of its ratification of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA):
“Canada and European Union have a strong trade and investment relationship rooted in our dynamic supply chains and deepened by our people-to-people ties. On the occasion of CETA’s fifth anniversary, Canada welcomes Germany’s major step forward in its CETA ratification process.
CETA’s benefits to Germany and Canada are clear. Canada-Germany trade has increased more than 16% from pre-CETA levels, reaching $25.5 billion last year. Our government will continue to work with the European Union toward the full implementation of CETA.”