CETA clears next hurdle


CETA the controversial trade agreement between the EU and Canada has cleared its next hurdle but remains as divisive as ever.

CETA clears next hurdle

  • ADDED
  • 2 years ago

CETA the controversial trade agreement between the EU and Canada has cleared its next hurdle but remains as divisive as ever.

The European Parliaments Trade Committee has approved the draft recommendation of CETA today.

It was passed by 25 votes to 15. The Parliament itself will vote on the agreement fully in February.

CETA (Comprehensive Economic & Trade Agreement) is an agreement between Canada and the EU.

CETA has not been without protest and detractors in its lifetime including the delay by Belgium’s Wallonia which lead to the whole agreement nearly being scraped.

It was however signed in October by both Jean Claude Juncker President of the EU and Candaian PM Justin Trudeau however it must be approved by the EU parliament and national parliaments in the EU member states before it can come into effect.

Those in support of CETA say it will add €12 bn to the EU economy each year while those against say it does not do enough to boost job growth and improve working conditions.

We will have more information as this story develops.

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