CETA Agreement Moves Closer to Ratification

After months of uncertainty, the free trade agreement with Canada is finally heading in the right direction.

A German Court and the European Parliament both issued positive statements paving the way for a ratification of the Comprehensive Economic and Trade Agreement (CETA).

The EU-Canada agreement is important for shipping as it features a positive maritime chapter and will lay the basis for future FTAs.

Despite growing protectionism and after weeks of standstill, the CETA agreement moved closer to ratification this week.

The positive developments are important as it was decided before summer, that the deal should be a mixed agreement meaning all national parliaments should give their go-ahead before it could be implemented.

“The CETA agreement is one of the best agreements the EU has ever negotiated, not only for shipping but for the EU in general. Through CETA the European Commission should show that it will not cave in to populism and that free trade is important for sustained European growth,” said Director EU Affairs, Simon Bergulf from the Danish Shipowners’ Association.

The CETA agreement will benefit trade with Canada, but also includes several specific maritime initiatives such as opportunities to provide maritime services like dredging, moving empty containers, and the shipping of certain cargo within Canada.

Now the Council is expected to ratify the agreement at a Trade Ministers meeting on 18 October, which should then pave the way for the Commission to sign the provisional agreement on an EU-Canada Summit scheduled for the 27 October 2016.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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