Analysis 09 Mar 17

Merits of Canada-EU Trade Deal Divide Croatia

Experts, politicians and activists are still at loggerheads over whether the EU-Canada trade agreement, CETA, will help - or harm - Croatia.

Sven Milekic
BIRN
Zagreb
Canadian Prime Minister Justin Trudeau in the European Parliament upon the ratification of CETA. Photo: Flickr/European Parliament

With the Comprehensive Economic and Trade Agreement, CETA, between the EU and Canada soon up before Croatia’s parliament for ratification, opinion remains fiercely divided on its likely drawbacks and benefits.

A joint study made prior to the negotiations predicted that EU exports to Canada could grow by up to 24 per cent a year.

Many politicians and experts in Croatia agree, saying the current trade volume between Canada and Croatia is low, and CETA will provide opportunities for growth and investment.

However, some activists on the left denounce the agreement, claiming it will undermine EU environmental and quality requirements.

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