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"It is a good day for the European Union. We sign two agreements, extremely helpful and useful for the European economy, also for the Canadian economy" declared HRVP Mogherini upon her arrival at the summit, held on the 40th anniversary of the formal EU-Canada cooperation.
The signature of the Strategic Partnership Agreement (SPA) lays the foundations for the further strengthening of political dialogue and cooperation between the European Union and Canada. The Agreement will institutionalise and enrich the partnership across a wide range of areas, from foreign and security policy to research and innovation; and from tackling climate change and terrorism to working together in the fields of development cooperation and consular protection.
The Comprehensive Economic and Trade Agreement (CETA) will generate economic growth and jobs on both sides of the Atlantic and reflects both sides' commitment to free, fair and progressive trade, for the benefit of nearly 550 million EU and Canadian citizens.
In Joint Declaration the leaders of both parties confirmed the breadth and depth of this partnership: " The EU-Canada partnership, based on shared values, a long history of close cooperation and strong people-to-people ties, is more important than ever in a world where those shared values are increasingly being challenged. As strategic partners and celebrating the 40th anniversary of the foundational EU-Canada treaty, the European Union and Canada committed to working even more closely together in such key areas as peace, democracy, prosperity, protection of human rights and rule of law, as well as protection of the environment, social inclusion and cultural diversity".
HRVP Mogherini also met bilaterally with Stéphane Dion, Canadian Minister of Foreign Affairs in the margins of the summit.