CETA creates new opportunities to promote trade in green tech

“By eliminating tariffs on green tech and boosting collaborative research, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) is one of the first free-trade agreements (FTAs) that can clearly demonstrate what is achievable for two major economies that strive for ambitious climate targets while remaining internationally competitive”, said BusinessEurope Director General Markus J. Beyrer at an event focused on discussing the potential of the EU-Canada trade deal in addressing climate change. He made his remarks amidst Mauro Petriccione, Director General of the  European Commission Directorate-General for Climate Action, Patricia Fuller, Ambassador of Canada for Climate Change, as well as several speakers of industry and civil society. Beyrer explained that the potential benefits of CETA are also global: “The increased competition and know-how between our companies can help them export zero and low-carbon technologies across the world. CETA can also function as a reference for future FTAs between other countries”, he added.

Picture copyright: 2019 — GIZ