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The EU Signed A Bilateral Free Trade Agreement With Canada In 2016.

2014/10/14 10:30:00 45

EUCanadaSignatureFree TradeAgreementEffective

  

Canada

The bilateral free trade agreement was formally signed with the European Union in September 26th (2014) in Ottawa, capital of the Republic of China. The agreement will come into force in 2016, and the estimated bilateral trade volume will increase by 20%.

Observers point out that the European Free Trade Agreement is regarded by Europe as a model for future free trade agreements in Europe and the United States.

Canadian Prime Minister Stephen Harper said that trade agreements between Canada and the European Union have important historical significance. Canada will increase Canada's annual income of 12 billion Canadian dollars (about 10 billion 700 million dollars), which is equivalent to 80 thousand new jobs.

Harper stressed that the agreement was more than 20 years ago in the North American Free Trade Agreement.

In August of this year,

Canada

Negotiations with the European Union on free trade agreements in Brussels.

After the signing of the agreement, the European Council, the European Parliament and the member states are still subject to ratification.

The EU estimates that the 28 Member States will adopt the agreement in 2015 and the 2016 agreement will come into effect.

The EU and Canada FTA negotiations began in 2009 with the aim of eliminating 98% tariffs between the two economies and creating substantial market opportunities for both sides in the field of services and investment.

The agreement reached between Euro and Canada will have a wide impact on sensitive areas such as finance, telecommunications, energy and investment, and is considered to have a model effect, providing a reference for the relevant negotiations between the European Union and other major economies.

Seven garment enterprises stride into the top 100 private enterprises in Wuhan

In October 11th, the Wuhan Federation of enterprises and Wuhan Entrepreneurs Association and other units jointly issued the Wuhan top 100 private enterprises for the first time.

Among them, Wuhan clothing private enterprises accounted for seven seats.

They are Wuhan Jie Sheng Economic and trade limited liability company (Giovanni women's wear) sixty-second, Wuhan red man industrial group Limited by Share Ltd (sixty-seventh), Wuhan Tianli fashion limited liability company (seventieth), Hubei Hubei beauty dress Co., Ltd. (seventy-sixth), Wuhan Yutian Clothing Co., Ltd. (eighty-eighth), Wuhan Czechoslovakia Clothing Co., Ltd. (eighty-ninth).

Wuhan City

Ho wing Fashion Co., Ltd. (ninety-fifth place).

It is reported that the top 100 private enterprises released by the company are based on the international common practice, and follow the principles of voluntary declaration by enterprises. According to the Convention, the declared enterprises are sorted out according to their 2013 revenue.

Statistics show that the total operating revenue of 2014 top 100 private enterprises in Wuhan is 310 billion 200 million yuan, with 56 enterprises entering 1 billion yuan or more.


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