Friday November 23, 2012
Canada's International Trade Minister Ed Fast traveled to Brussels
this week hoping to secure a deal on the Canada - EU Trade
Agreement. It looks like he'll be coming home empty handed as
the EU has issued a release
indicating that there are still gaps on key issues. The EU's take on
Commissioner De Gucht and Minister Fast had in-depth discussions
on the trade deal and made substantial progress. Both sides will
now instruct their negotiators to narrow the gaps on the
outstanding issues, aiming for a deal in the coming weeks. "I am
pleased that our meeting at a political level has provided the
momentum needed to spur on the negotiations into the home strait.
It's clear that there has been significant progress but some
important work remains to be done", stated Commissioner De Gucht.
Both Commissioner De Gucht and Minister Fast decided to meet
again very shortly and to continue discussions until an agreement
That is a far cry from a done deal with more "work to be done" and
the agreement going back to the negotiators for more talks.
TagsShareFriday November 23, 2012