Debate on CETA ratification
Rapid conclusion of CETA
++ EU should turn out a reliable trading partner ++ First of all, democratic control lies with the European Parliament ++ In a second step, also German Parliament should make a clear commitment to CETA and ratify the agreement without delay.
The German chemical industry association Verband der Chemischen Industrie (VCI) welcomes the proposal by the European Commission for the signing and conclusion of the Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada. VCI director-general Utz Tillmann: “The European Parliament and Council should rapidly conclude CETA now. Especially in the current situation after the Brexit referendum, this is a way for the European Union to show to the world that the EU is a reliable trading partner and capable of acting.”
VCI director-general Tillmann on the debate about the ratification of CETA: “With the Lisbon Treaty the EU has broadened the foreign trade competencies of the European Union, giving the democratic control over trade agreements to the European Parliament. The national parliaments are competent in a second step.”
Now the VCI is calling upon German Parliament (Bundestag) to make a clear commitment to CETA and to ratify the agreement without delay. Tillmann: “As an export nation, we depend on modern trade agreements. CETA would bring clear advantages for German chemical companies, such as easier market access, full elimination of industrial tariffs, access to the Canadian public procurement market and modern investment protection.” The VCI director-general is certain of the following: “Just like the free trade agreement with Korea, which brought a rise in exports from the EU by over 50 percent in five years, European industry would also benefit from CETA and gain in competitiveness.”
Contact: VCI Press Dept., Phone: +49 69 2556-1496, E-Mail: firstname.lastname@example.org Please note: VCI news about the chemical industry is also available via Twitter:
The VCI represents the politico-economic interests of over 1,650 German chemical companies and German subsidiaries of foreign businesses. For this purpose, the VCI is in contact with politicians, public authorities, other industries, science and media.The VCI stands for over 90 percent of the chemical industry in Germany. In 2015 the German chemical industry realised sales of around 189 billion euros and employed 446,000 staff.
Contact: VCI Press Dept., Phone: +49 69 2556-1496, E-Mail: email@example.com
Please note: VCI news about the chemical industry is also available via Twitter: http://twitter.com/chemieverband