AP Sources: Belgium has Monday to end EU-Canada deal impasse
BRUSSELS >> If Belgium cannot break a deadlock over the European Union’s landmark free deal with Canada by Monday night, EU leaders will consider canceling a signing ceremony scheduled for later in the week, two officials with knowledge of the negotiations said.
The officials told The Associated Press on Sunday that EU leaders plan to have telephone talks with Canadian Prime Minister Justin Trudeau about canceling the Thursday summit if Belgium’s support for the deal isn’t secured by the deadline.
The officials asked to remain anonymous because of the sensitivity of the talks.
The deal needs unanimity among the 28 EU nations, and Belgium needs unanimity among its regions. The francophone region of Wallonia, population 3.5 million, has been the lone holdout and refused to approve the trade pact.
During the past week, Belgium missed two earlier deadlines and Canada briefly walked out of the trade talks before returning the next day.
Yet, if Trudeau is expected to sign at an official summit on Thursday, precious little time is left. Without the guarantee the EU is ready to finalize the deal, there would be no reason to have the summit, an EU official said.
Don't miss out on what's happening!
Stay in touch with top news, as it happens, conveniently in your email inbox. It's FREE!
The Belgian region of Wallonia has stood in the way of the CETA accord, short for Comprehensive Economic and Trade Agreement. The deal between over 500 million EU citizens and 35 million Canadians would eliminate almost all tariffs.
Politicians in Wallonia, which is smaller than the U.S. state of New Jersey, argue that the proposed deal would undermine labor, environment and consumer standards and allow multinationals to crush local companies. They have vowed to thwart a pact that the world’s biggest trading bloc and Canada are eager to secure.
New attempts were made to sway Wallonia leader Paul Magnette to sign on over the weekend.
Magnette said Wallonia still saw “some small difficulties.” A better deal would bolster EU standards and set a strong precedent for future trade talks between Europe and its trading partners, he said.
Canada’s International Trade Minister Chrystia Freeland walked away from the talks Friday on the verge of tears, saying the EU appeared incapable of signing the deal. Yet, she came back for talks on Saturday.
EU leaders have warned that failure to clinch the deal with Canada could ruin the bloc’s credibility as a trade partner and make it more difficult to strike such agreements with the United States, Japan and other allies.
A similar free trade agreement being negotiated between the EU and the United States is facing far more opposition than the Canada pact. Progress on the American deal appears unlikely until a new U.S. president takes office in January.
One response to “AP Sources: Belgium has Monday to end EU-Canada deal impasse”
Leave a Reply
You must be logged in to post a comment.
Hillary Clinton Resume:
Lying and Attacking Catholics
Lying & making Countries Pay to Play
Lying & Running Secret Arms to Libya
Lying & Threatening to Drone Julian Assange
Lying and Abusing the Clinton Foundation for Profit
Lying and Abusing Power as Secretary of State
Lying & Rigging the DNC Nomination
Lying & having a illegal Private Server
Lying and Deleting Classified / Top Secret E-mails
Lying & Profiting Millions from Russia on Uranium
Lying and Dozen’s of People Dying
Lying & Never Dodging Sniper Fire
Lying & Enabling Her Rapist / Cheating Husband
Lying & Saying Chelsea was jogging around the WTC on 911
Lying on the Benghazi Committee & Letting 4 Americans Die
Lying & Her & her Husband looting the White House
Lying and Profiting from Filegate
Lying and taking $ from Chingate
Lying and taking $ from Pardongate
Lying and taking $ from Travelgate
Lying about Watergate & being Fired
Lying & having Vince Foster Killed
Lying and Defending a Child Rapist
Lying and Concealing Rose Law Firm Billing RECORDS
No More Clinton’s !!!
TRUMP / PENCE 2016!!!