Protracted EU-Canada Trade Deal Clears Further Hurdles In Europe

One America News Network | 10/30/2016 | Staff
shardonay (Posted by) Level 3
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BRUSSELS (Reuters) – A planned EU-Canada free trade deal received backing from a committee of the European Parliament and Germany’s top court on Thursday, increasing its chances of entering force later this year.

The European Union and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in October, but only after opposition from a region of Belgium and hesitation in Austria and other countries.

CETA - EU-US - Transatlantic - Trade - Investment

CETA, along with the larger planned EU-U.S. Transatlantic Trade and Investment Partnership (TTIP), has proved contentious and drawn criticism from trade unions and environmental and other groups.

More than two years since the negotiations concluded, CETA still needs approval from the European Parliament. It is expected to give its verdict in February.

Parliament - Environment - Health - Food - Safety

The parliament’s environment, public health and food safety committee voted 40 to 24 for a motion saying the 751-seat parliament should back the deal.

Parliament’s trade committee is the lead body responsible for CETA, but before it holds a vote in January, other committees are allowed to offer their opinions.

Employment - Committee - December - Deal - Job

The employment committee recommended in December that the deal be rejected, saying it risked job losses and increased inequality.

Even after the European...
(Excerpt) Read more at: One America News Network
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