Happy Birthday CETA! 🇨🇦🇪🇺Attended a great trade summit hosted by SACC (Swedish American Chamber of Commerce) 🇸🇪🇺🇸in Chicago this week, where I met wonderful people committed to strengthening ties between Sweden and North America. It feels fitting to post today, on the anniversary of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU. 🇨🇦🇪🇺This milestone agreement has opened up significant opportunities for EU businesses looking to invest in North America.
CETA provides European companies with tariff-free access to 98% of Canadian goods and services, and its investment protections make Canada a secure destination for foreign direct investment. For Swedish and other EU companies, investing in Canada is a smart way to leverage access to the broader North American market, particularly the U.S., via Canada’s trade ties through the USMCA. By setting up operations in Canada, companies can take advantage of preferential tariffs, a skilled workforce, and a business-friendly regulatory environment. 🙌🏻
The people I met this week gave me seeds for many ideas💡on cooperation and education of our future leaders! With the right plan of action, it is an exciting time for cross-Atlantic business growth. 📈
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