Belgium reaches agreement on EU-Canada free trade deal

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The Belgian government has reached an agreement to back the free trade deal between the European Union and Canada&period;<&sol;p>&NewLine;<p>The move comes on the day the agreement was supposed to be officially signed with Canadian Prime Minister Justin Trudeau&period;<&sol;p>&NewLine;<p>Belgian Prime Minister Charles Michel was able to announce the agreement following days of negotiations with the region of Wallonia&period;<&sol;p>&NewLine;<p>The region has veto power in Belgium and the broader EU needs unanimity among its 28 member states&period;<&sol;p>&NewLine;<p>The deal will go through regional legislatures by tomorrow night&period;<&sol;p>&NewLine;<p>Mr Trudeau has been due to travel to Brussels today to sign the deal&comma; but those plans were effectively scrapped as the negotiations with Wallonia dragged on&period;<&sol;p>&NewLine;<p>Still&comma; getting the agreement was a huge relief to EU leaders&comma; who had started negotiating the pact with Canada seven years ago&period;<&sol;p>&NewLine;<p>&&num;8220&semi;This is good news&comma;&&num;8221&semi; said Mr Michel&comma; adding that the new text of the deal provides guarantees for farmers and on a corporate dispute settlement system that &&num;8220&semi;will allow us to sign the deal&&num;8221&semi;&period;<&sol;p>&NewLine;<p>EU President Donald Tusk said he would contact Mr Trudeau &&num;8220&semi;only once all procedures are finalised for EU signing CETA&&num;8221&semi;&comma; as the trade deal is called&period;<&sol;p>&NewLine;<p><amp-youtube layout&equals;"responsive" width&equals;"696" height&equals;"392" data-videoid&equals;"xbKOvxIYpDc" title&equals;"EU and Canada trade deal- CETA"><a placeholder href&equals;"https&colon;&sol;&sol;youtu&period;be&sol;xbKOvxIYpDc"><img src&equals;"https&colon;&sol;&sol;i&period;ytimg&period;com&sol;vi&sol;xbKOvxIYpDc&sol;hqdefault&period;jpg" layout&equals;"fill" object-fit&equals;"cover" alt&equals;"EU and Canada trade deal- CETA"><&sol;a><&sol;amp-youtube><&sol;p>&NewLine;<p>Alex Lawrence&comma; the spokesman for Canada&&num;8217&semi;s trade minister&comma; said hours before that the country was prepared to sign the deal whenever Europe is ready&period;<&sol;p>&NewLine;<p>Mr Trudeau earlier told Parliament he is prepared to wait longer&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are confident that in the coming days we will see a positive outcome for this historic deal&comma;&&num;8221&semi; Mr Trudeau told Parliament&period;<&sol;p>&NewLine;<p>Beyond the Belgian regional parliaments backing the agreement&comma; the adjustments would have to be vetted by the 27 other nations&period;<&sol;p>&NewLine;<p>That makes a signing ceremony today impossible&period;<&sol;p>&NewLine;<p>Politicians in Wallonia&comma; which has a population of 3&period;6 million compared with over 500 million for the whole EU&comma; argue that the proposed accord would undermine labour&comma; environment and consumer standards&period;<&sol;p>&NewLine;<p>Proponents say it would yield billions in added trade through customs and tariff cuts and other measures to lower barriers to commerce&period;<&sol;p>&NewLine;<p>At the same time&comma; the EU says it will keep in place the region&&num;8217&semi;s strong safeguards on social&comma; environmental and labour issues&period;<&sol;p>&NewLine;<p>He said Wallonia&&num;8217&semi;s insistence on a better deal would bolster EU standards and set a strong precedent for other trade talks between Europe and trading partners like the United States or Japan&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed3da33a309">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed3da33a309'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.

- Advertisement -
Exit mobile version