Ceta Talk – Automotive and Machinery Industry
Speaker of Ceta Talk
Andres Garrido Pinero – CEO and co-founder of ChainGO Tech
Giovanni Pecorari – UniExportManager Board Member and President of White S.r.l (TEM)
Peter Bay Kirkegaard – Senior Advisor on trade policy at BusinessEurope
MODERATE: Fabrizio Sansoldo – Finance Controller for a multinational group dealing in the Automation business
The EU is the world’s largest importer of automotive goods and the European automotive industry is the largest R&D investor in the EU.
The Automotive and Industrial Machinery Sector in CETA
Thanks to CETA, first of all there is the tariffs’ cut on all Canadian auto parts and also on some vehicles.
Another very important change will be in terms of rules of origin; with CETA there are more liberal rules of origin and it is translated, in terms of numbers and economy, in export up to 100.000 vehicles annually from Canada to EU.
Finally, but not less important, the opportunities related to the government procurement that will allow Canadian and EU companies to access to new public procurements and 100% to public transport contracts.