Canada's Justin Trudeau headed to Brussels to sign CETA trade deal with EU

Eric DuVall
Canadian Prime Minister Justin Trudeau attends a luncheon for world leaders at the United Nations General Assembly in New York in Septeber. Trudeau's government completed a seven-year negotiation with the European Union on Friday and the deal will be signed Sunday. Pool photo by Peter Foley/UPI
| License Photo

Canada and the 28 member nations of the European Union agreed to a free trade deal after seven years of negotiations and the matter is expected to be signed Sunday.
Canadian Prime Minister Justin Trudeau was en route to the EU capital Brussels on Saturday to attend an official signing ceremony on Sunday.
The deal, known as the Comprehensive Economic and Trade Agreement with Canada, or CETA, was first broached seven years ago under the Conservative Canadian government led by former Prime Minister Stephen Harper. Trudeau's Liberal government ushered its implementation across the goal line, though not without some last-second drama.
The deal will require the ratification of a majority of the 751 members of the EU Parliament from the 28 EU member states. One voting bloc, the French-speaking Wallonia region of Belgium expressed reservations at the last moment, forcing negotiators to craft an addendum to the overall trade agreement to address concerns that Belgian farmers will be forced to compete against Canadian imports.
Trudeau tweeted the final agreement had been reached Friday and called it "great news."
Prime Minister Robert Fico of Slovakia, who holds the rotating EU presidency, called it "a milestone in the EU's trade policy."
Canada's Justin Trudeau headed to Brussels to sign CETA trade deal with EU Reviewed by Bizpodia on 17:59 Rating: 5

No comments:

Bizpodia © All Rights Reserved!

Contact Form


Email *

Message *

Powered by Blogger.