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European Parliament approves CETA

  • Last Updated:
  • Feb 16th, 2017 3:55 pm
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[OP]
Deal Guru
Mar 14, 2005
13811 posts
2511 upvotes

European Parliament approves CETA

Does anyone here have any idea when I can start importing stuff from Europe without fear of getting dinged with duty?

http://www.independent.co.uk/news/world ... 81156.html

The European Parliament has approved a landmark free trade deal with Canada....

...Despite the conclusive vote, Ceta is not yet a done deal. The Netherlands still has the power to block the plan if it decides to hold an advisory national referendum on the agreement, and the country votes against it.
2 replies
[OP]
Deal Guru
Mar 14, 2005
13811 posts
2511 upvotes
Maybe this is the answer:

http://www.theglobeandmail.com/report-o ... e34031523/

"...Canada’s Senate must still ratify the deal, following approval by the House of Commons this week. Passage is a virtual certainty. The provinces must also bring some of their own laws and regulations into compliance, including allowing European companies to bid on some government contracts.

The 28 EU member states, including Britain, must also approve sections of the agreement that stray into areas of national control. But the vast majority of the deal’s benefits will come into effect as soon as Canada completes ratification. Until Britain formally leaves the EU, it will be bound by CETA..."
Penalty Box
User avatar
Nov 13, 2010
7810 posts
1857 upvotes
Scarborough
hmmm.........a wait and see ??

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