European trade commissioner says hurdles remain for ratification of EU-Canada deal
Sep 26, 2018 | 2:00 PM
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MONTREAL — The European trade commissioner says no timelines have been reached for full ratification of the Canada-EU free trade accord.
Cecilia Malmstrom says prolonged internal procedures among some European Union member states are holding up approval of the Comprehensive Economic and Trade Agreement.
The agreement, called CETA, has been in effect provisionally for one year. But until all governments give the go-ahead, a crucial component of the deal remains out of bounds.
Investor protection provisions, which involve the creation of a new court system to resolve disputes between investors and governments, cannot enter into force until all 28 member states give the thumbs-up.
