TORONTO, Oct. 18, 2013 /CNW/ - The Canadian Spirits Industry warmly welcomes the announcement of a successful conclusion of a Comprehensive Economic and Trade Agreement (CETA) between Canada and the 28 Member State European Union.
Building on the progress made in the sectoral 2004 Wine & Spirits Agreement with the EU, CETA will continue the trend towards more open markets and increased trade in beverage alcohol between Canada and the 500 millions consumer market represented by the EU.
"The elimination of remaining tariffs, and the reduction in non-tariff barriers will serve Canadian Spirits manufacturers and Canadian Spirits consumers well", stated Jan Westcott, President & CEO of Spirits Canada.
"Canadian Spirits manufacturers have pursued an aggressive export growth strategy and we wish to congratulate the Canadian Government for persevering to reach the agreement and we thank the Prime Minister and International Trade Minister Fast for their efforts", said Mr. Westcott.
"We also understand that CETA will ensure greater transparency and much needed discipline to domestic support programs within the beverage alcohol sector which will benefit Canadian consumers", added Mr. Westcott.
Spirits Canada is the only national trade association representing Canadian spirits manufacturers, marketers, exporters and consumers. Member companies represent over 90% of annual spirits production in Canada.
SOURCE: Spirits Canada
For further information:
Jan H. Westcott
President & CEO
Tel. 416 626 0100
Cel. 416 707 8851