European Commission President Ursula von der Leyen, alongside Portuguese Prime Minister António Costa, welcomed Canadian Prime Minister Justin Trudeau ahead of a key meeting focused on trade, investment, and geopolitical stability. The discussions reaffirm the deep economic ties between the European Union and Canada, emphasizing shared values and commitments to economic growth, sustainability, and global security.
Trade remains a cornerstone of the EU-Canada relationship, with the Comprehensive Economic and Trade Agreement (CETA) playing a pivotal role in boosting bilateral trade. Since its implementation, trade and investment flows have surged by 66%, delivering tangible benefits to businesses and consumers on both sides of the Atlantic. Von der Leyen highlighted how CETA serves as a blueprint for mutually beneficial trade deals, fostering resilience in an increasingly volatile economic landscape.
As Canada takes over the G7 Presidency, the meeting addressed pressing global challenges, including the ongoing support for Ukraine. Both parties underscored the importance of sustained economic and military aid, reinforcing a united front against external aggression. Trudeau and von der Leyen stressed that stability in Eastern Europe remains crucial to the broader international order, with Canada and the EU committed to coordinated diplomatic and financial efforts.
Another focal point of the discussion was the transition toward decarbonization and the need for sustainable economic policies. Canada and the EU are exploring strategies to reduce carbon emissions while maintaining industrial competitiveness. The push for a circular economy aligns with broader climate goals, ensuring that industries adapt to evolving regulatory frameworks without compromising efficiency.
The shipping and logistics industry is set to benefit from deeper EU-Canada cooperation. Trade agreements such as CETA streamline customs procedures, lower tariffs, and reduce logistical bottlenecks, ultimately facilitating smoother cross-border movement of goods. With both regions prioritizing infrastructure investments, there is a growing emphasis on modernizing ports and enhancing maritime connectivity to support global supply chains.
Von der Leyen reiterated that trade is not just about economics but about fostering trusted partnerships in an unpredictable world. Canada and the EU’s alignment on regulatory standards, green energy initiatives, and strategic investments underscores a broader commitment to stability and prosperity.
As discussions progress, industry stakeholders in breakbulk, project logistics, and maritime sectors are closely monitoring the evolving policies that will shape the transatlantic trade landscape. The meeting serves as a testament to the resilience of the EU-Canada partnership, reinforcing a shared vision for economic growth, environmental responsibility, and global security.
