Irish trade with Canada is growing at a faster pace than the rest of the European Union, according to the North American country’s trade minister, Mary Ng. The EU and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in 2016, cutting tariffs on goods traded between the pair. According to Ms Ng, Canada’s minister of small business, export promotion and international trade, EU exports to her country grew 15 per cent in 2020. “But the good news is that Irish exports were 60 per cent higher,” she says. On the flip side, the Republic offers good export opportunities to Canada, which has strong manufacturing, energy and resources industries.

Source: The Irish Times June 09, 2021 04:41 UTC