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The Riksdag voted in favour of the Comprehensive Economic and Trade Agreement (CETA)

Published: 22 March 2018 at 14.48

The Riksdag voted in favour of approving the Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada. The agreement is the most comprehensive free trade agreement ever to have been negotiated by the EU, and the Riksdag believes that it will create opportunities for both trade and investments. It may in turn result in lower prices and a wider range of goods and services in both the EU and Canada. One of the effects of the agreement will be that tariffs for industrial and agricultural products will be largely phased out.

The Riksdag also voted in favour of the strategic partnership agreement between the EU and Canada. The objective of the agreement is to strengthen political links between the EU and Canada. According to the Riksdag, the agreement will help improve and expand cooperation between the countries.