Changes from plenary report to adopted text

RemovedEXPLANATORY STATEMENT - SUMMARY OF FACTS AND FINDINGS

AddedP9_TA(2024)0026

ChangedOn 25 October 2022, the rapporteur was entrusted with the task of preparing a report on the implementationImplementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA);(CETA)

RemovedI. Sources of information

AddedCommittee on International Trade

RemovedSince his appointment, the rapporteur has collected information and has relied on the following sources, among others:

AddedPE753.671

ChangedEuropean EPRSParliament Briefingresolution noteof ‘Stakeholder17 consultationJanuary report2024 on the implementation of selected aspects of the EU-Canada Comprehensive Economic and Trade Agreement (CETA)’, October(CETA) 2023;(2023/2001(INI))

Removed Kiel Institute for the World Economy, ‘The implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA)’ (2023);

Removed Fact-finding mission by the rapporteur to Montreal and Ottawa, 19-21 June 2023;

Removed 2022 Annual Report on Implementation and Enforcement of EU Trade Agreements from the European Commission (COM(2022) 730 final);

RemovedII. Main findings

RemovedBased on the comparative sources of information above, it becomes clear that:

Removed CETA has established stronger trade ties and a stable framework for trade relations between the EU and Canada, delivering substantial economic gains, through increased trade in goods, services as well as investment.

Removed Beyond its clear economic significance, CETA also offers a strategic opportunity for both the EU and Canada to fortify and diversify their supply chains, ensuring the security of their trade flows amidst heightened geopolitical uncertainties.

Removed The implementation of CETA is also important in view of the EU’s concerns regarding access to critical raw materials (CRM) which are vital for the green transition and the technological ambitions of the Union.

Removed Stakeholders from business and civil society are largely content with the progress of CETA’s implementation, including the collaborative efforts within CETA committees, the regulatory cooperation forum and the domestic advisory group.

Removed While the EU almost make full use of the granted tariff rate quotas, Canada is only using a very small part of the quota granted for beef, for example, which was a major concern before the agreement was concluded.

Removed The utilisation rate of the preferences can be improved, but is higher for SMEs than larger companies, and higher in specific sectors, such as agri-food industries compared to manufactured industries.

Removed Some challenges related, in particular, to the enforcement of GIs or the management of the cheese quota, still remain.

RemovedIII. Key recommendations

Removed to promote action to raise awareness of CETA among stakeholders in both regions;

Removed to put at the disposal of SMEs all the necessary tools to foster greater exchanges and participation to reap the benefits of CETA;

Removed to fully implement all the provisions of CETA;

Removed to urge Belgium, Bulgaria, Cyprus, France, Greece, Hungary, Ireland, Italy, Poland, and Slovenia to ratify CETA, as only when the agreement is fully in force, will important provisions, in particular as regards investment protection, be applied. It will also be necessary in order to allow updates to the agreement, such as a review of its chapter on sustainable development (TSD).