Skip to main content

Canada-EU deal hits bump

Canada and the European Union are hoping the momentum of last week's free-trade announcement will carry over into a troublesome side agreement.

Sources close to the talks say the separate Strategic Partnership Agreement -- which covers non-trade matters such as human rights -- may get a shot in the arm from the recent signing in Brussels of the Comprehensive Economic and Trade Agreement…

That capped four years of negotiations, but it's expected it will take another 18 to 24 months to finish the fine print and ratify the pact. Both sides need to sell it to their member provinces and countries.

The other piece of unfinished -- and related -- business is the Strategic Partnership Agreement, which Canada and Europe began negotiating in 2011 and has been linked to the broader trade and investment pact.

Canada is balking at the inclusion of language in a final text that would refer to the importance of affirming human rights and non-proliferation efforts.

The EU insists all major agreements it negotiates contain language that promotes human rights and fights the proliferation of weapons of mass destruction -- and it doesn't want to make an exception for Canada.

The EU's new ambassador to Canada, Marie-Anne Coninsx, has said the two pacts are linked and there won't be a deal on one without the other…

This has been excerpted from the 28 October 2013 article by the Canadian Press, and is available in its entirety at http://www.winnipegfreepress.com/canada/canada-eu-deal-hits-bump-229497321.html

 

Topic(s)

Trade Agreements

Information source

Canadian News Channel
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.