EU-CANADA Treaty: France satisfied with progress
“France is pleased that national parliaments will have the opportunity to decide on the ratification of the trade agreement with Canada.”
France applauds the European Commission decision to consider the free trade agreement between the European Union and Canada as a mixed agreement.
As per the commitment made by the government and per the French position reiterated this very morning by the French Minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad, Matthias Fekl, the two national parliaments will be asked to vote on the ratification of the Comprehensive Economic and Trade Agreement (CETA).
CETA will enter into force, on a provisional basis and only for its stipulations under to the exclusive jurisdiction of the European Union, only when its signature is authorized by the Council of the European Union and when it is approved by the European Parliament.
From France’s perspective, CETA is an ambitious, balanced, and mutually beneficial agreement that measures up to the close historical bonds that unite the European Union, France, and Canada. With regards to agriculture, CETA will ensure the recognition and protection of 173 geographical indications, including 42 French geographical indications. It will also provide access for European companies, especially SMEs, to the Canadian public market, including access at the sub-federal level as well.
The Trudeau government has expressed support for the European investment proposal put forward by the European Court of Justice. This new mechanism, which has France’s support as well, will bring about a definitive separation from the old private arbitration system. It is also a first step towards an international system of public justice regarding investment.
Matthias Fekl made the following statement: “France promised that Parliament would have the last word. French members of Parliament will have to make a decision by voting to ratify the CETA or not. This is an essential matter in order to ensure that European citizens support the trade policies enacted on their behalf.”
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