Canada, EU working on digital trade agreement ahead of summit next week
Headline from CKPG Today · compiled from 5 sources
EU Trade Commissioner Maroš Šefčovič said the two sides are "very close to the finish line" in negotiations for a digital trade agreement[1]
According to BNN Bloomberg, International Trade Minister Maninder Sidhu was in Ireland on Thursday to push forward negotiations ahead of next week's Canada-EU Summit in Montreal.[2]The outlet reports that Sidhu said in a statement that the two sides are "closing in on an agreement" to help "create less friction" around e-signatures and e-contracts, paperless trade, secure cross-border data flows[2], as well as duties on electronic transmissions and e-commerce.MLex reports that Šefčovič spoke in Dublin alongside Ireland's trade minister Helen McEntee and her Canadian counterpart Maninder Sidhu[1]. He said the deal would strengthen online consumer protection and facilitate the use of electronic signatures, contracts and invoices.[1]BNN Bloomberg reports that Sidhu says Canada exported nearly $15 billion in digital services to the EU in 2024[2], and that he sees room to grow that figure once a deal is in place.Digital Watch Observatory reports that the summit will be held in Montréal from 29–30 October[3]. It says digital trade talks have been underway since March 2026[3].Türkiye Today, citing a draft summit statement, reports that the two sides also plan to announce that they will jointly purchase 50 water bombers built by Canadian manufacturer De Havilland[4]. The same draft reportedly includes a pact for the European Investment Bank to finance Canadian critical minerals projects[4].Global News reports that the two sides are expected to announce the next steps in the deepening partnership at the Canada-EU Summit.[5]
Sources
- [1]EU-Canada digital trade deal close to completion ahead of summit, Šefčovič says | MLex | Specialist news and analysis on legal risk and regulation
- [2]Canada, EU working on digital trade agreement ahead of summit next week
- [3]EU and Canada to advance 'Digital Trade Agreement', seek cooperation on AI | Digital Watch Observatory
- [4]EU and Canada to announce digital trade, minerals deals at October summit - Türkiye Today
- [5]Canada, EU ‘closing in’ on digital trade deal ahead of summit: minister - National | Globalnews.ca
Every sentence here reports what a named outlet said, with a link to it. Compiled by 93 from the reporting below.
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