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Trade Agreements Between Canada And Greece

On 12. Oktober 2021, in Allgemein, by Norman

The agreement is expected to increase trade in goods and services between the EU and Canada by 23% and will increase the EU`s GDP by around €12 billion per year. It will eliminate all industrial tariffs and save European exporters around €470 million a year. Why should Greece deal with CETA when it faces serious economic problems such as fiscal challenges, high unemployment and economic stagnation? The answer to this question testifies to the role of international trade in the new global economy. A free trade agreement is simply an economic opportunity. This is not a guarantee of economic success. It opens the door to better business opportunities with another country in this case, Canada, one of the most sought-after export destinations in the world. What will turn this economic opportunity into a business success story will be the vision and intelligence of Greek entrepreneurs and the competitiveness of Greek products and services in terms of quality and price. In the new economy, success depends on our intelligence, our global mentality and our productive enterprise. Global engagement through international trade is the wave of the future and the defining feature of the new economy. Despite its current economic challenges, the EU remains one of the most lucrative and coveted markets in the world – and Canada will be more accessible under CETA. The EU is the world`s largest internal market, with 28 Member States, a total population of more than half a billion people and a total GDP of more than €13 trillion.

 

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