TORONTO, Nov. 21, 2013 /CNW/ - Statement by Michael Tierney, President of UPS Canada on the Agreement
in Principal Reached Between Canada and the EU.
UPS Canada applauds Canada and the European Union on reaching an
agreement in principal on the Comprehensive Economic and Trade
Agreement (CETA) which will deliver strong economic and employment
benefits for Canada.
UPS welcomes the recent announcement made by the federal government that
Canada and the European Union (EA) have reached an important milestone
by finalizing an agreement in principal. While the two trading partners
currently enjoy strong economic cooperation, the formal partnership
that will result from CETA once ratified will translate into
substantial opportunities in trade and investment for Canadians.
Small, medium and large enterprises across Canada will be exposed to
new economic opportunities on the global stage, bringing with it the
potential for considerable job creation and growth.
The elimination of tariffs is only the beginning of the good news for
Canadian businesses. By addressing other barriers to international
trade such as reducing red tape and creating more favourable business
conditions, Canadian companies will be positioned for success on the
As the world's largest single market, the EU offers Canadian exporters a
new frontier for opportunity and growth. UPS Canada looks forward to
the agreement being finalized and seeing the benefits and opportunities
that will be created for our customers, as well as increased prosperity
for all Canadians.
SOURCE: UPS Canada Ltd.
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