Ceta and Jefta make food exports fly to Canada and Japan

Published 2020년 11월 12일

Tridge summary

The fourth EU report on trade agreements shows a 3.4% growth in trade with the first 65 partners in the year before Covid-19, with significant increases in trade with Canada and Japan. The Comprehensive Economic and Trade Agreement (Ceta) and the Japan-Eu Free Trade Agreement (Jefta) have particularly boosted European and Italian agri-food exports. The EU Commission has published the report, highlighting the agreements as facilitating fair and sustainable trade. The agri-food balance with Japan has become the second largest export market in the Union after Switzerland, with increases in pork, cheese, and wine exports. The EU Commission is taking steps to help all businesses benefit from trade agreements and has launched the new access2markets website to assist companies in understanding trade flows and requirements.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The fourth EU report on trade agreements is released: trade with the first 65 partners in the year before covid19 grew by 3.4%, with a leap for Canada and Japan. In the Rising Sun in particular, agri-food exports grow by 14% for wine, 12% for pork and 10% for cheeses. The path of trade agreements is the most effective. The much contested Ceta (Comprehensive Economic and Trade Agreement between the EU and Canada) and Jefta (Japan-Eu Free Trade Agreement) make European and Italian agri-food exports soar. Today the EU Commission has in fact published the fourth annual report on the implementation of trade agreements (click here). Agreements ok The document shows that "the agreements have continued to facilitate fair and sustainable trade and to consolidate the framework of international rules". Trade with the 65 preferential partners covered in the report grew by 3.4% in 2019, while overall EU foreign trade rose by 2.5%. It is precisely the EU trade agreements with Canada and Japan ...
Source: Terraevita

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