Parliament approves trade agreement with Canada

CETA will have only a minimal impact on Slovakia.

Slovak parliamentSlovak parliament (Source: TASR)

Slovakia’s parliament has issued consent to sign a trade agreement with Canada.

The EU-Canada Comprehensive Economic and Trade Agreement (CETA) aims to liberate business with goods and services between the signatories, as well as adopt rules concerning mutual trade in compliance with the World Trade Organisation’s rules.

Impact on Slovakia minimal

The direct impact of the CETA agreement on the Slovak economy is expected to be minimal. It should support the country’s economic growth by only 0.013 percent of GDP, according to the submitted materials.

The reason is the low trade exchange between Slovakia and Canada, and the fact that 80 percent of collected duties go to the EU budget.

The rest of this article is premium content at
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on and

Top stories

PM Eduard Heger

Non-vaccinated will not pay for tests for work, school or shops

Hundreds of people protested against the amendment that the parliament passed on Sunday morning.

22 h
Dancers perform in the streets of Trenčín, spotlighting the architecture of the city.

Slovakia will open a new institute, this time in Jerusalem

Culture, sports and travel stories rounded up in one place.

23. júl
The Office of the Public Defender of Rights flies the rainbow flag to mark the Bratislava Pride in 2021.

The pandemic has made it clear that we must stand together

International friends and partners of Slovakia celebrate Bratislava Pride.

24. júl

Bratislava Pride will take place online

It will be streamed on July 24 and accompanied by numerous music performances.

22. júl