Comprehensive Economic and Trade Agreement (CETA): Opportunities of Business Collaboration between Canada and V4 (Czech, Hungary, Poland and Slovakia) CountriesComprehensive Economic and Trade Agreement • October 9th, 2018
Contract Type FiledOctober 9th, 2018Comprehensive economic and trade agreement (CETA) between Canada and European union is considered an exemplary trade deal that is likely to simplify as well as open-up new avenues for business opportunities both for Canadian and European firms. Visegrad 4 (V4) countries are growing faster and have important export oriented manufacturing industry along with vibrant service industry. Canada and V4 countries have many similarities in economic structure and international business patterns. They have also complementary resources, expertise and markets that are yet to be fully explored by business firms of these two regions. Based on extensive literature review, and discussions with leading experts, this study recommends that there are ample business opportunities to collaborate and participate into the Global value chain (GVC) in Aerospace, Automobile, Biotech, Clean technology, Construction and ICT industries including gaming industry. Firms from Canada and V4 countries can also collaborat