Visibly shaken, as Reuters put it, Canadian trade minister Chrystia Freeland walked out of EU trade negotiations in Belgium on Friday evening, lamenting that the EU is “incapable of reaching an agreement – even with a country with European values such as Canada.”
A big trade deal that had taken years to negotiate, mostly in total secrecy, had just collapsed. So how in the world did such a mega screw-up happen?
In Europe, all that is needed for the Comprehensive Economic Trade Agreement (CETA) with Canada to come into effect, “provisionally” (in EU double-speak, more or less irrevocably), before being passed to national parliaments to vote on, is for the governments of the EU’s 28 Member States to sign along the dotted line.
This could usher in a new age of corporate domination, for CETA, just like its sister deals TTIP, TPP and TiSA, is not really a trade deal at all; it’s an investment rights deal that will effectively neuter the ability of national elected governments to regulate in the interests of their electorate. Full story...
Related posts:
A big trade deal that had taken years to negotiate, mostly in total secrecy, had just collapsed. So how in the world did such a mega screw-up happen?
In Europe, all that is needed for the Comprehensive Economic Trade Agreement (CETA) with Canada to come into effect, “provisionally” (in EU double-speak, more or less irrevocably), before being passed to national parliaments to vote on, is for the governments of the EU’s 28 Member States to sign along the dotted line.
This could usher in a new age of corporate domination, for CETA, just like its sister deals TTIP, TPP and TiSA, is not really a trade deal at all; it’s an investment rights deal that will effectively neuter the ability of national elected governments to regulate in the interests of their electorate. Full story...
Related posts:
- Tens of thousands protest TTIP, CETA across Europe...
- German economy minister says TPP trade talks have failed...
- 'TTIP threatens our way of life,' say Berlin protesters...
- ‘Dead man walking’: No TTIP deal with US this year,
- Nobel prize winner Stiglitz calls TPP 'outrageous'
- South America takes to the streets against TPP...
- Worse than we thought: TPP a total corporate power grab nightmare...
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