This following is excerpted from the 15 February 2013 edition of The Globe and Mail.
The United States has finally agreed to a grand bargain that the European Union has been pursuing for years – a free-trade agreement that, once completed, would be so large as to effectively replace the World Trade Organization as the standard setter for the rules governing international trade. A U.S.-EU deal would cover almost half of global GDP, more than $30-trillion – a staggering sum.
Will Canada’s negotiations with Europe be left behind unless Ottawa makes some dramatic concessions in its own negotiations with the EU, as some suggest? It’s doubtful.
This article is available in its entirety at:
http://www.theglobeandmail.com/commentary/us-eu-trade-deal-will-be-good-for-canada-when-it-happens/article8709366/
Topic(s)
International Trade and Border Management
Information source
Canadian News Channel
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