Canadian Trade Minister Chrystia Freeland has walked out of negotiations to salvage a major trade deal with the European Union, saying she is returning home because she feels the 28-member bloc is unable to reach an accord with Canada.
In fact, she said she considers it “impossible” for an agreement to be clinched.
The development throws the future of the Canada-EU trade deal into doubt and, coming only months after the United Kingdom voted to quit the European Union, is a blow to the EU’s efforts to demonstrate it is still moving forward as a viable entity.
The European Council has been unable to reach a consensus on approving the Canada-EU deal because Belgium is unable to give its assent. Politically-decentralized Belgium requires the approval of regional governments on major international agreements and the French-speaking Wallonia region has opposed signing the agreement with Canada.
Friday, October 21, 2016
This Is Good News
I'll have more to say about this in the future, but for now, some good news for those who oppose free trade deals that sacrifice national sovereignty and jobs so corporations can be further enriched: