The Slovenia Times

Economy minister in Canada to discuss CETA

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Počivalšek will meet Ontario's Minister of International Trade Michael Chan, Toronto Mayor John Tory and Toronto city councillor Joe Mihevc, who is of Slovenian descent, and the leadership of the Canadian-Slovenian Chamber of Commerce.

According to the Economy Ministry, CETA, which entered into force provisionally in September, and its initial registered impact will be in the focus of the talks.

"We will organise a conference on this topic in January, because we assess that Slovenian companies will have to be informed above all about the opportunities provided by CETA."

Slovenia has not ratified the Comprehensive Economic and Trade Agreement yet, which the ministry said would happen after Slovenia obtains information about open legal issues and conducts a comprehensive analysis of CETA's impact on the country.

"An analysis is only sensible for at least a one-year period, thus we cannot do it yet," the ministry told the STA.

To ratify the trade agreement, the government will have to draft a law on the ratification and send it to parliament, which will have the final say on the matter.

On the sidelines of his visit to Toronto, Počivalšek will also meet on Thursday the leadership of automotive giant Magna International, which is building a paint shop near Maribor.

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