& provides access to public contracts
for both Canadian & European companies
The Canada-EU Comprehensive Economic and Trade Agreement will offer interesting new opportunities in trade and cooperation for Canadian companies. CETA will inevitably strengthen economic relations between Canada and the EU and boost Canada’s trade and business with the world’s largest single market. Canadian companies will have a preferential access to the 28-member EU market; an integrated economy of 500 million consumers.
We are of the firm belief that the EU market is best accessed through Italy. And preferential market access is especially interesting in sectors where both Canada and Italy are strong, complimentary and innovative.
Inside information for Canadian firms about opportunities in the EU in 12 key sectors
- Aerospace
- Agriculture & Agri-food
- Automotive
- Clean Technologies
- Fish & Seafood
- Forestry & Wood Products
- Information & Communication Technologies
- Infrastructure
- Medical Devices
- Metals, Mining & Minerals
- Oil & Gas
- Pharmaceuticals
A Step in the Right Direction: CETA Benefits on the Italian Agri-Food Sector
Based on the latest data by Centro Studi di Confagricoltura following the CETA agreement, exports of Italian agri-food products to the Canadian market has increased by 9.7% (from Jan-Sept 2018 to 2019). About a fifth of Italy’s total exports to Canada, in value, are made up of agricultural and agri-food products and almost 40% is made up of wine products.
Recently, Canada has experienced a growing interest in quality Italy wines and sparkling wines, especially driven by the Prosecco brand, and has resulted in a 12% increase in exports. This is demonstrated by the 33.8% decrease in the exports of bulk wine (demijohn) bottled in containers greater than 2 litres.
CETA, which highlights the Organization of Agricultural Entrepreneurs, supports the exports of cheese and the industry exports have seen greater monthly averages during the June to September period in 2019.
In the European Union-Canada agreement, according to Confagricoltura, the protection of agri-food geographical indications, in particular the ten representing 90% of the export value of all the agri-food denominations of the country, is a top priority. This is the case of the denominations ‘Parma ham’ and ‘San Daniele ham’ which could not be used in Canada for over twenty years.
