Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

CETA comes into effect as of today

The free-trade agreement between the EU and Canada, known as CETA comes into force as of today. The document was approved by the member countries within the frameworks of the European Council and voted by the European Parliament. It will be fully enforced after being ratified by the parliaments of all countries of the community.

After CETA is enforced, there will be a growth in the export of commodities by Bulgarian companies, said economist Petar Ganev in an interview for the BNR. He stressed that this will take place even though Canada can never be Bulgaria’s biggest or principal trade partner, as our policy is targeted at Europe. According to Ministry of the Economy data, Bulgaria’s exports to Canada for 2016 amounted to USD 38.5 million and its imports – to USD 52.4 million. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny weather in most of Bulgaria on Thursday, with fog near rivers

Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..

published on 11/27/24 7:25 PM

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM