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Canada, European Union Complete FTA Negotiations

Posted September 25, 2014

Under Economic Issues, International Trade Issues

(Ulrika Lomas – Tax-News.com)

Negotiators have completed their work on a free trade agreement between the European Union and Canada (CETA), but the European Parliament has raised concern about certain provisions.

EU Trade Commissioner Karel De Gucht said: “The Agreement is crucial for the credibility of our trade agenda, because it confirms that we can do deals – even very good deals – and in this case with a developed economy with its own established approach and regulatory framework. Hence the challenging times during the negotiation.” […]
EU President Jose Manuel Barroso and Canadian Prime Minister Stephen Harper will announce the formal conclusion of negotiations at an EU-Canada Summit on September 26, 2014. De Gucht expects that the signature and the tabling of the agreement before the European Parliament will not take place until “well into 2015.” Read more here.