The CETA will remove over 99% of the tariffs between the EU and Canada, and while the reduction of tariffs is often the most communicated impact of the CETA, the agreement is also set to:
- Harmonize product standard and regulations
- Encourage foreign direct investment
- Allow service providers market access to public procurement?
- Streamline recognition of professional qualifications
- Enhance temporary work entry provisions
In its scope, the CETA is even more extensive then the North-American Free Trade Agreement (NAFTA), and will result in large opportunities for Swedish – and European – companies looking to establish themselves on the Canadian market.
This report highlights some of the key aspects of the CETA, showcasing where Swedish companies may find opportunities, what challenges they may face and how Business Sweden can assist Swedish companies with the best entry strategy to Canada.