TALLINN (Sputnik) — The EU-Canada trade talks began in 2013 and the signing is expected to take place at a summit on October 27. It needs to be endorsed by all EU member states. CETA aims to establish a free trade zone between Canada and the European Union, scrapping more than 98 percent of the existing tariffs between Ottawa and Brussels.
"The Estonian government approved the signing of the Comprehensive Economic and Trade Agreement between the European Union and Canada, and gave a mandate to the country's permanent representative to the European Union to sign it on behalf of the Republic of Estonia," the statement read.
CETA is an analogue of the Transatlantic Partnership Agreement in Trade and Investment (TTIP), which the European Union is negotiating with the United States. Both agreements has been labeled by opponents as only benefiting transnational corporations.