EU-CANADA TRADE DEAL ENTERS INTO FORCE
On 21 September 2017, The trade agreement between Canada and the EU called The Comprehensive Economic and Trade Agreement (CETA) has entered into force. On the Canadian side, tariffs of up to 18 percent on clothes and shoes from Europe will drop to zero.
The agreement removes tariffs on roughly 98 percent of products traded between the two sides, and underlines a commitment to sustainable development.
It makes it easier to export goods and services, benefitting people and businesses in both the EU and Canada. As such most of the agreement now applies. National parliaments in EU countries – and in some cases regional ones too – will then need to approve CETA before it can take full effect.
Source; European Commission
LTP is a Danish owned garment manufacturer for +60 premium brands within active sportswear, outdoor, athleisure and sustainable fashion. LTP was established in 1991, and is probably the biggest functional garment manufacturer in Europe with bluesign setups in Lithuania, Belarus, Ukraine and Vietnam.
LTP consists of two divisions; LTP Garment and LTP Contract Furniture producing in ten fully-owned factories.