PAINT EXPORTERS TO BENEFIT FROM EU-CANADA TRADE DEAL
November 3rd, 2013
EUROPEAN Union (EU) and Canadian paints and coatings exporters are to benefit from a new free trade deal struck between the EU and Canada. Once the Comprehensive Economic and Trade Agreement (CETA) has been ratified (probably in 2015), it will lead to all existing non-food duties imposed on good traded between the parties being scrapped. This will mean an end to existing 6.5% duties levied by the EU and Canada on imports of each other’s paints and varnishes, including pigments, enamels and lacquers. European Commission president José Manuel Barroso said: ...
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