EU and Canada to announce sweeping new partnership pact: Report
The draft pact would expand cooperation on energy, research and digital trade and include joint purchases of 50 water bombers.
- On Wednesday, Canada and Europe announced plans for a new partnership pact with deals on digital trade, critical minerals, and firefighting planes expected at an upcoming Montreal summit.
- Ottawa and Brussels are forging this closer alliance as a strategic bulwark against increasing economic pressure and competition from the United States and China.
- The agreement includes a digital trade deal to lower transaction costs and a pact for the European Investment Bank to fund Canadian critical minerals, alongside the joint purchase of 50 Havilland water bombers.
- Talks in Montreal next month will explore EU chief Ursula von der Leyen's proposal for Canada to become the bloc's first associate member, while Canada also plans to join the Erasmus youth mobility program.
- Officials will jointly assess energy connectivity, including an LNG feasibility study, while the pact aims to "expand opportunities for Canadians and Europeans to study, work, conduct research and build lasting connections across the Atlantic.
45 Articles
45 Articles
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Canada is looking to strengthen ties with the European Union to diversify trade and build economic resilience in the face of a rapidly shifting geopolitics. The pivot, however, isn’t just about playing defence: it’s about offence, too. The EU has put decarbonization and electrification at the centre of its economic and energy security agenda as batteries, renewables and other electric technologies have gotten dramatically cheaper, and fossil-fue…
The European Union and Canada plan to announce a new, sweeping partnership at a summit in Montreal in October. Its key elements will include joint support for Ukraine, limiting geopolitical risks and deepening economic ties. The information was published by Politico, which cited a draft joint statement sent to EU ambassadors in preparation for the meeting. According to European Truth, the document envisages cooperation ranging from digital trade…
Canada, EU set to announce 'sweeping' new partnership amid row with US
The plan will be announced at an upcoming summit this month between Ottawa and Brussels, as Canadian Prime Minister Mark Carney continues efforts to reduce economic and defense reliance on Washington
The European Union and Canada are holding a summit in Montreal at the end of October, where they will announce a comprehensive strategic partnership. The cooperation will range from breaking down digital trade barriers to joint support for Ukraine to fighting forest fires, but more importantly, the expanded trade agreement will provide the EU with access to cheap energy sources, Politico has learned.
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