Serbia’s EU Path in Question: No Progress, Closer Ties with Russia, EP Warns
The European Parliament (EP) has expressed disappointment over Serbia’s lack of progress in advancing EU accession negotiations
EU, Canada Sign 'Historic' Free Trade Agreement
World | October 18, 2013, Friday // 16:45
- Tweet
Send to Kindle
Prime Minister of Canada Stephen Harper (L) and European Commission President Jose Manuel Barroso (R) during the signing of a free trade agreement between the European Union and Canada at the EU Commission headquarters in Brussels, 18 October 201
The EU and Canada have reached a free trade agreement, which had been in the process of negotiations since 2009.
The FTA is expected to boost trade between the EU and Canada by 20%, said European Commission President Jose Manuel Barroso and Canadian PM Stephen Harper.
The agreement will eliminate up to 98% of tariffs, encourage foreign investment, and promote movement of labor, writes The Globe and Mail.
PM Harper called Friday's signed agreement "historic", while Barroso claimed "it opens a new page in relations between Canada and the EU".
EU data suggests that the union's annual GDP may grow by up to EUR 12 B as a result of the agreement.
The 4-year negotiations between the EU and Canada were strenuous, but concluded with compromises from both sides.
Related Articles:
EU Commission Seeks Legal Action Against Bulgaria for Directive Non-Compliance
The European Commission has decided to refer Bulgaria to the Court of Justice of the European Union for its failure to properly implement several EU directives
EU to End Russian Gas Imports by 2027 as Part of New Energy Strategy
The European Union has set a goal to completely cut off Russian gas imports by 2027 as part of its broader strategy to reduce reliance on Russian energy resources
EU to Strengthen Vehicle Inspections with Focus on Emissions and Safety
The European Commission is proposing significant changes to EU regulations concerning road safety and vehicle registration
Eurozone GDP Surpasses Expectations with 0.4% Growth in Q1 2025
According to preliminary data from Eurostat, the eurozone economy grew by 0.4% in the first quarter of the year compared to the previous three months, doubling the 0.2% increase recorded at the end of 2024
EU Condemns Russia Over Torture and Death of Ukrainian Journalist Viktoriia Roshchyna
The European Commission has strongly condemned the circumstances surrounding the death of Ukrainian journalist Viktoriia Roshchyna
US Floats NATO-Russia Council Revival in Bid to Resolve Ukraine War
The United States has floated the idea of resuming the NATO-Russia Council as part of a broader effort to resolve the conflict in Ukraine
Russian Fighter Jet Briefly Enters NATO Airspace Amid Estonian Interception of 'Shadow Fleet' Tanker
Estonian Foreign Minister Margus Tsahkna has accused a Russian fighter jet of violating NATO territory after the Estonian Navy attempted to intercept a tanker believed to be
'I'm Here:' Zelensky Arrives in Türkiye, Putin Declines to Join Peace Talks
The Turkish Foreign Ministry has denied claims by Russia regarding a scheduled meeting between Russian and Ukrainian representatives
Gaza Hit by Intense Israeli Airstrikes; At Least 80 Reported Dead
At least 80 people have been killed in Israeli airstrikes across Gaza, according to reports from hospitals and first responders
World | May 15, 2025, Thursday // 12:14
Trump Considers Joining Istanbul Talks if Russia-Ukraine Progress Achieved
U.S. President Donald Trump has stated that he might still travel to Istanbul for the potential Russia-Ukraine peace negotiations on May 16 if progress is seen toward a deal
Putin and Trump Absent from Critical Türkiye Talks on the War in Ukraine
US President Donald Trump will not attend the talks between Russia and Ukraine scheduled to take place in Türkiye on May 15
