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EU-Canada – International affairs – Enterprise and Industry. (source/link)
The European Commission and the Government of Canada have made several political commitments to intensify cooperation between regulators. The results of business surveys, notably on the conditions/barriers for market access, have confirmed the impact of differences in regulations on EU-Canada trade and investment. As a consequence, both sides decided to explore ways and means of encouraging regulators to cooperate on a voluntary basis when creating technical regulations that they believe may have significant trade effects.
1. The current state of regulatory cooperation is recorded in the road map [106 KB] .
2. The most recent study on EU-Canada trade and investment was complited in 2009, in preparation for negotiations for a Comprehensive Economic and Trade Agreement (CETA) which began in October 2009. The EU and Canada have agreed that a chapter on Regulatory Cooperation should be included in this agreement.
Background to the existing cooperation activities
At the Canada-EU Summit held in Ottawa on 19 December 2002, the Commission and the Government of Canada agreed to treat this issue in two separate ways, namely to:
- “intensify our regulatory dialogue and work towards a new Framework in this field”; and
- “design a new type of forward-looking, wide-ranging bilateral trade agreement covering, inter alia, new generations issues and outstanding trade barriers”.
A voluntary framework [48 KB] for regulatory cooperation was adopted in 2004 between the Commission, led by DG Enterprise and Industry, and the Canadian government, led by the Department of Foreign Affairs and International Trade of Canada (DFAIT).
The voluntary Framework is designed to promote more effective Canada-EU regulatory co-operation, and to work towards preventing and eliminating unnecessary barriers to trade and investment while ensuring better quality and effective regulations to achieve public policy objectives, as described in the press release.
Discussions on a Trade and Investment Enhancement Agreement (TIEA) began after the summit, but have since been abandoned and are now replaced by the CETA negotiations.
- CETA Free Trade Deal: Harper Heading To Europe To Conclude Pact (olduvaiblog.wordpress.com)
- EU Assures that CETA Does Not Contain ACTA Copyright Rules (michaelgeist.ca)
- EU, Canada trade deal finalized in Brussels after 4 years of negotiations (business.financialpost.com)
- Harper announces agreement in principle on European free trade (o.canada.com)
OTTAWA — Prime Minister Stephen Harper is heading to Europe to conclude a free trade deal with the European Union on Friday.
Negotiations over the terms of the Comprehensive Economic and Trade Agreement (CETA) have gone on for years. The trade deal is expected to generate some $28 billion in new trade annually.
Sources say the federal government hopes to announce it has concluded the agreement in principle Friday when Harper is in Brussels to meet with President of the European Commission, José Manuel Barroso.
The federal government received the tacit agreement of all provinces on Wednesday, Huffington Post Canada has learned.
Quebec is concerned about its dairy farmers and the impact of the deal on Canada’s supply management system but they will be compensated, according to a source with knowledge of the deal.
The federal government is offering compensation for producers if there are any losses and plans a long phase-in for dairy access, HuffPost has learned.
The Conservatives also announced Wednesday that they are lifting travel visas for Czech citizens.
The change is designed to get the Czech Republic onside with the trade deal. It will likely take approximately two years to get the legal text finalized and the deal ratified. The European Parliament must study and vote on the deal. Some European Union member states may also get to have their say if the contents of CETA touch on areas they haven’t relinquished authority to the European Union.
The National Post was first to reportWednesday that Canada had broken through a major roadblock by agreeing to allow a doubling of cheese imports from the European Union.
Wally Smith, the president of the Dairy Farmers of Canada, told Reuters the content of the deal was “unacceptable.”
“This deal would displace our local products with subsidized cheeses from EU and risk our small businesses being shut down or put out of business.”
The federal government said the doubled European imports — which will amount to about 30,000 tonnes annually — would still only account for about four per cent of domestic cheese consumption.
“In these discussions, the system of supply management has been completely protected and Canada has gained unfettered access for Canadian dairy products into the largest, most lucrative market in the world,” Trade Minister Ed Fast’s office told the National Post.
NDP Leader Thomas Mulcair said he was concerned the deal could mean a loss of jobs in Canada.
The provinces have been deeply involved in negotiations since many of the items discussed, intellectual property, trade, sub-national contracting, touch on areas of provincial jurisdictions. However, there is no legal requirement for them to hold legislative votes. Only the federal government needs to sign the deal.
The Conservative government plans a massive communications plan to sell the deal to Canadians. The government said CETA could create 80,000 jobs in Canada in Wednesday’s speech from the throne.
- Canada PM to head to Brussels to conclude EU deal (miamiherald.com)
- Canada PM says close to reaching free trade deal with EU (eubusiness.com)
- Canada PM heads to Brussels to conclude EU deal (thehindu.com)