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Canadian exporters will have to prove that their goods are entirely "made in Canada", which imposes extra costs, to prevent imports entering the EU through a "back door". The services sector is only partially covered by Ceta. Crucially, a Ceta-type deal would not give UK financial services the EU market access that they have now. It would be hard for London-based banks to get "passporting" rights for their services in the EU - rights that they value hugely now. It would also mean that firms that export to the EU would have to comply with EU product standards and technical requirements without

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