Grybauskaitė sends EU-Canada free trade deal to Seimas for ratification

Donald Tusk, Justin Trudeau and Jean Claude Juncker after signing the CETA
Reuters / Scanpix

The Foreign Ministry says that CETA will significantly improve access to a high purchasing power market for Lithuanian goods and services and will allow Lithuanian companies to participate in public procurement procedures in Canada.

Critics fear, however, that cheaper genetically modified products will flood into the Lithuanian market once the pact takes effect.

The free trade agreement will eliminate 99 percent of customs duties between the EU and Canada.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.