Belgian Prime Minister, Charles Michel, announced Thursday that representatives of different regions of the country have agreed on the draft treaty with Canada.
Representatives of linguistic regions and communities of Belgium, who had met on Thursday morning to talk free trade agreement between the European Union and Canada (CETA), have reached an agreement, according to Belgian Prime Minister, Charles Michel.
Belgium has to send the agreement’s terms to embassies of the 27 member states of the EU in Belgium. The EU members will have to meet before being presented to different parliaments of Belgium, who will speak on it before tonight.
On the other side, the European Council , Donald Tusk, said that he was “happy” about this agreement, and has indicated that he would reach the Canadian Prime Minister, Justin Trudeau, once all procedures are finalized within the EU to sign the CETA.
The agreement was also welcomed by the head of Canadian diplomacy, Stéphane Dion, who is attending a ministerial conference on peacekeeping in Paris.
The Comprehensive Economic and Trade Agreement (CETA or global economic trade agreement) is a trade agreement that does not just reduce tariffs between the EU and Canada, but also wants to achieve a convergence of certain standards to limit that, supporters of free trade call, “non-tariff barriers” to trade. The ambition is to reduce from 36% to 3% the part of European exports subject to such obstacles.
Lisa Berdah, IEJ 3E