Canada, EU sign trade deal
Published:Friday | October 18, 2013 | 1:51 PM
Canada and the European Union have struck a free trade agreement aimed at boosting growth and employment.
The deal will lower tariffs, streamline regulation, and cut red tape.
Canadian Prime Minister Stephen Harper and European Commission President Jose Manuel Barroso agreed on the deal at a meeting in Brussels on today.
The deal still requires approval by parliaments and EU member states.
Once approved, the agreement aims to make it easier for companies in Canada and the 28-member EU bloc to invest in and sell to each other.
The European Union is Canada's second-largest trading partner behind the US.
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