Canada-EU trade deal held up by text on investor rights

March 4, 2013

The following is excerpted from the 1 March 2013 edition of CBC News.

A set of leaked documents obtained by The Canadian Press show Canada and the European Union are still far apart in deciding how much power investors should have under their pending free-trade agreement.

A Feb. 7 draft of the investment text shows Canada and the EU are proposing ways to ensure foreign investors don't use the agreement to launch frivolous lawsuits against governments demanding compensation for any old measure that cuts into their profits.

This article is available in its entirety at:
http://www.cbc.ca/news/business/story/2013/03/01/pol-cp-eu-trade-investment-deal.html

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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