Canada and the 28-member nations of the European Union signed a free trade deal after seven years of negotiations.
The Comprehensive Economic and Trade Agreement, known as CETA, required all EU members to approve it. Belgium's French-speaking Wallonia region originally vetoed the agreement but an addendum Friday addressed concerns that Belgian farmers will be forced to compete against Canadian imports.
And the deal's signing was delayed several hours from 11 a.m. local time because Canadian Prime Minister Justin Trudeau's plane had to turn back to Ottawa airport after experiencing "mechanical issues" shortly after take-off.
"Canadians and Europeans share the understanding that in order for real and meaningful economic growth, we need to create more good, well-paying jobs for our citizens," Trudeau said. "Progressive trade agreements like the one signed today, will do just that."
European Commission President Jean-Claude Juncker called it "a new chapter" in relations between the EU and Canada.
upi.com
30/10/16
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Related:
The Comprehensive Economic and Trade Agreement, known as CETA, required all EU members to approve it. Belgium's French-speaking Wallonia region originally vetoed the agreement but an addendum Friday addressed concerns that Belgian farmers will be forced to compete against Canadian imports.
And the deal's signing was delayed several hours from 11 a.m. local time because Canadian Prime Minister Justin Trudeau's plane had to turn back to Ottawa airport after experiencing "mechanical issues" shortly after take-off.
"Canadians and Europeans share the understanding that in order for real and meaningful economic growth, we need to create more good, well-paying jobs for our citizens," Trudeau said. "Progressive trade agreements like the one signed today, will do just that."
European Commission President Jean-Claude Juncker called it "a new chapter" in relations between the EU and Canada.
upi.com
30/10/16
-
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