Report Highlights: The Canada-European Union (EU) Comprehensive Economic and Trade Agreement (CETA) is a free trade agreement that covers nearly all Canada-EU trade, including agricultural trade. For the EU, it is a first trade pact with a G7 country. The EU is Canada’s second largest trading partner, while Canada is the EU’s 12th largest trading partner. Once implemented this spring (est. June 1, 2017), the concessions granted under CETA have the potential to adversely impact U.S. agricultural exports to Canada and EU markets. This report will focus on agricultural aspects of the CETA agreement and areas of trade implications for U.S. agricultural exports to Canada. Canada is the 2nd largest agricultural, fish, and forestry export market for U.S. farmers and ranchers valued at nearly $23 billion in 2016.
|United States-Canada Agricultural Trade Implications of Canada-EU C _Ottawa_Canada_3-3-2017.pdf||524.31 KB|