Canada, EU to provisionally apply CETA in September
Canada and the European Union have finally agreed on a date for provisional application of the oft-delayed Comprehensive Economic and Trade Agreement.
The provisional application of the massive deal will come into effect on Sept. 21, according to a joint-statement from Prime Minister Justin Trudeau and Jean-Claude Juncker, president of the European Commission, issued at the G20 summit meeting in Hamburg Saturday morning.
Speaking to reporters before leaving Germany, Trudeau said 98 per cent of the deal will come into effect on the Sept. 21 date.
“It’s good news for the globe to look at examples of progressive trade deals that take into account a government’s responsibility to be able to protect its citizens, protect labour standards, protect the environment, while at the same time sharing and promoting the values that we share, Canada and Europe,” he said.
“I certainly am looking forward to seeing the impact that CETA will have on future trade deals between other countries where they realize that we have raised the bar in demonstrating that trade can and must work for everyone. And that is something very much reflected in the G20 communiqué.”
July 1 deadlines passed
The joint statement from the two leaders says the agreement “will enter definitively into force once the parliaments in all member states of the EU ratify the text according to their respective domestic constitutional requirements.”
Four EU countries have held ratification votes and approved CETA to date: Latvia, Denmark, Spain and Croatia.
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