The AAC welcomes the signing of the free trade agreement with Europe
CANADA-EUROPE AGREEMENT: CANADA AT THE CENTRE OF A TRADE
SPACE WITH A BILLION CONSUMERS
Montreal, October 30, 2016 – The Aluminium Association of Canada welcomes the signing of the Canada Europe Trade Agreement (CETA). “Canada will become the centerpiece of a 1 billion consumers market: from NAFTA in America to CETA in Europe,” states Jean Simard, President and CEO. Thriving on international trade, the aluminium industry, has always supported the forging of an agreement between Canada and Europe, ever since the project was initiated by Jean Charest when he was premier of Quebec.
“This signing bodes well for our industry. Although it is not a panacea for all of the problems we have faced since 2008, it puts us in a favourable position for the future and should benefit our value chain with potential new investments. It establishes Canada as a new global trading space linking NAFTA and CETA,” says Mr. Simard.
The Aluminium Association of Canada recognizes the excellent work of the negotiating teams not only in Canada, but also in Quebec and, specifically, former premier Pierre-Marc Johnson.
About the Aluminium Association of Canada
The Aluminium Association of Canada (AAC) is a non-profit organization representing the three world class Canadian aluminium producers: Alcoa, Alouette, and Rio Tinto. The industry operates ten smelters in Canada, nine of which are in Quebec, and employ over 9,000 people.
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