'Let's make history' – how the Canada-EU trade agreement is breaking new ground
After almost five years of negotiations, Canada and the European Union (EU) announced last October the signature of an agreement in principle of a new generation of economic partnership known as the Comprehensive Economic and Trade Agreement (CETA). In 2007 the multilateral negotiations of the World Trade Organization (the Doha Round) failed and the EU needed to propose a new trade policy to its member states. It was not only the beginning of a new era of global trend, but a 'race' to sign bilateral free trade agreements. For Canada to face competition from developing economies, especially China, the country's economy needed, as it still does, to diversify its markets to be less dependent on the US.
Canada and the EU are about to finalise a groundbreaking trade agreement that is set to shake up international relations. Jean Charest and John Boscariol outline the contract’s key provisions
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now