The signing ceremony planned for Thursday was cancelled after a Belgian region opposed to sign the deal. The French-speaking Belgian region Wallonia concerned that the deal would jeopardize European farmers' interest and grants too much power to multinationals.
The EU, a bloc with 500 million people, can only sign the deal with consent of all member states.
The consensus reached by all regional parliaments of Belgium on approving the CETA Friday cleared the way for signing of the deal.
On Wallonia's requirement, the negotiators from the EU and Canada agreed to add an addendum to the deal.
Under the addendum, the Investor State Dispute Settlement (ISDS) of the deal, which would allow enterprises to sue European governments, would be determined by the European Court of Justice whether compatible with European treaties.
After signature, the free trade deal still needs to get consent from the European Parliament for it to enter into force provisionally.
【国际英语资讯:EU, Canada sign landmark free trade deal after Belgian drama】相关文章:
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2020-09-15
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