CETA: raising the bar for fair trade

CETA: raising the bar for fair trade

From the Lapland to the Algarve, the European Commission is committed to creating jobs and wealth across Member States, which is why the EU and Canada signed CETA in October 2016.

Another good example is the EU-South Korean trade agreement in 2011, with key European industries such as agriculture and automotive turning a trade deficit into a surplus, generating jobs in the communities they are rooted in. It boosted exports by more than half overall, tripling auto sales and increasing sales of certain agricultural products by more than 70%.

That’s especially important because across Europe, 31 million jobs depend on exports. On average, every €1 billion in exports supports 14,000 jobs in the EU. Public service jobs remain protected. Under a Joint Interpretative Instrument, Member States can continue to organise their public services as they wish.

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