News

Canada – EU Trade Agreement Reached “In Principle”, Part One: Now Release the Text

Canada and the European Union this morning formally announced that it they have reached an agreement in principle on the Canada – EU Trade Agreement (CETA) (additional posts on the IP provisions, telecom and e-commerce provisions, and the big win for pharmaceutical companies despite declining Canadian investment in research and development). Unfortunately, there was no release of the text and one is apparently not forthcoming for some time as the government argues that there is still some drafting and legal analysis needed (and presumably translation into several languages). However, without the actual text, the public is forced to rely on summary documents that merely provide an overview of the agreement. A transparent process mandates that all Canadians have access to the full text.  While the approval process will take a couple of years, Canada and the EU should release the draft text now.

Comments are closed.