Brussels | Reuters — A court ruling early next year may help the European Union out of the kind of embarrassing situation it has just landed in, where a regional assembly in Belgium is blocking a major trade agreement between Canada and the 28 sovereign states of the EU. Belgian negotiators failed on Tuesday to […] Read more
Court may help EU sidestep lone-wolf resistance to trade deals
ChemChina reported ready for concessions to clinch Syngenta deal
Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Clinching China’s biggest-ever foreign acquisition is taking longer than planned amid a flurry […] Read more
Belgian internal feud blocks EU-Canada trade deal
Brussels | Reuters — The European Union’s hopes of signing a landmark free trade deal with Canada this week appeared to evaporate on Monday as the Belgian federal government failed to win the consent of French-speaking regional authorities. European Council President Donald Tusk had given Belgian Prime Minister Charles Michel until Monday, three days before […] Read more
Canada says up to EU to save free trade deal
Brussels | Reuters — Canada said on Saturday it was up to the European Union to save a free trade deal that could boost both economies but that cannot be signed as planned next week due to opposition from Belgium’s French-speaking region. The Walloon government was awaiting new proposals from the European Commission, according to […] Read more
Canada walks out of trade talks with ‘incapable’ EU
Brussels | Reuters — Canada’s trade minister walked out of talks in Belgium on Friday, declaring that the European Union was incapable of sealing a planned transatlantic free trade deal designed to boost growth in both economies. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Belgian region sticks to firm ‘Non’ on CETA
Brussels | Reuters — The Belgian region of Wallonia rejected new amendments to a planned EU-Canada free trade agreement on Thursday, reaffirming its opposition and so threatening the entire deal, a flagship of European Union trade policy. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Belgian region wants more time to fix CETA
Brussels/Ottawa | Reuters — The premier of the Belgian region that is the main impediment to a planned EU-Canada free trade agreement on Wednesday advised postponing a summit next week to sign the deal and taking a few more months to fix outstanding issues. Walloon’s Paul Magnette spoke as pressure mounted on him to drop […] Read more
Belgian ‘Non’ blocks EU approval of CETA
Luxembourg | Reuters — EU governments failed on Tuesday to approve a free trade agreement with Canada, as continued opposition from French-speaking southern Belgium threatened the entire deal. Almost all 28 EU governments, whose ministers were meeting in Luxembourg, now back the Comprehensive Economic and Trade Agreement (CETA), which would be the bloc’s first trade […] Read more
Belgian ‘Non’ clouds EU meeting to approve CETA
Luxembourg | Reuters — European Union trade ministers meet in Luxembourg on Tuesday aiming to approve a free trade agreement with Canada but facing regional opposition in Belgium that threatens to scupper the entire deal. All 28 EU governments now back the Comprehensive Economic and Trade Agreement (CETA), which would be the bloc’s first trade […] Read more
EU bids to seal CETA as U.S. deal prospects fade
Bratislava | Reuters –– European Union ministers took steps Friday to approve a contentious free trade deal with Canada, while France and Austria demanded that talks towards a similar agreement with the United States should stop. Both deals have triggered demonstrations by unions and protest groups who say they will spark a “race to the […] Read more
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