Canada and EU ink trade deal

Published: 9-Feb-2017

Removal of tariffs and regulatory convergence under CETA will benefit the cosmetics sector, as Liz Newmark, Mandy Kovacs and Keith Nuthall write

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The signing of a Comprehensive Economic & Trade Agreement between the European Union (EU) and Canada (CETA) on 30 October will have a positive impact on the personal care product sector, industry associations have claimed on both sides of the Atlantic.

“We welcome positive developments in the trade agenda,” said John Chave, Director General of the European trade body Cosmetics Europe. “CETA is a welcome boost to a trade agenda that had seemed to be struggling of late.

Continued progress on removal of trade barriers, and where possible increased regulatory convergence, are key for the continued growth of the cosmetics and personal care sector. CETA is a step in the right direction,” he added.

The UK Cosmetic, Toiletry and Perfumery Association’s (CTPA) Director General, Dr Chris Flower, agreed. He told SPC:

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