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Joint statement by European Commissioner for Trade and Canada's Minister of International Trade on Canada-EU trade agreement

  • European Union Image
  • Canada Image

Feb 29, 2016

On February 29, 2016, the Canada and the European Commission announced that the legal review of the Canada-European Union Comprehensive Economic and Trade Agreement [CETA] English text has been completed.

“As part of the legal review, modifications were made to the investment chapter, further to discussions between European Union [EU] and Canadian officials. With these modifications, Canada and the EU will strengthen the provisions on governments’ right to regulate; move to a permanent, transparent and institutionalized dispute-settlement tribunal; revise the process for the selection of tribunal members, who will adjudicate investor claims; set out more detailed commitments on ethics for all tribunal members; and agree to an appeal system."

"Once finalized, we will focus on the swift ratification of CETA so that individuals and businesses, both large and small, are able to benefit from the opportunities offered by this gold-standard agreement. We are confident that CETA will be signed in 2016 and will enter into force in 2017.”

Review the following on the Government of Canada:

Correction list for hyphenation

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