From World Development Movement
Short briefing on CETA
By Nick Dearden, 9 September 2014The Comprehensive Economic and Trade Agreement (CETA) is a “next generation” free trade and investment pact that Canada and the EU have been negotiating since May 2009. It has taken nearly a year since the 18 October 2013 ‘agreement in principle’ was reached to iron out the 'final difficulties' and we now expect an announcement on its completion at the EU-Canada Summit on 25 September.
Member states have until 12 September to make amendments to the text – after which point it is essentially set in stone. However, this will only be the beginning of the ratification process, which could take up to 2 years to complete.
Based on the leaked text we have seen, we oppose CETA. CETA could unfairly restrict how local governments spend money by banning ‘buy local’ policies, and create pressure to lock-in privatisation of services.
We also have immediate concerns about how CETA will be ratified – and fear CETA could pass into force without being examined by MPs....
Short briefing on CETA
The Comprehensive Economic and Trade Agreement (CETA) is a “next
generation” free trade and investment pact that Canada and the EU have
been negotiating since May 2009. It has taken nearly a year since the 18
October 2013 ‘agreement in principle’ was reached to iron out the
'final difficulties' and we now expect an announcement on its completion
at the EU-Canada Summit on 25 September.
Member states have until 12 September to make amendments to the text – after which point it is essentially set in stone. However, this will only be the beginning of the ratification process, which could take up to 2 years to complete.
Based on the leaked text we have seen, we oppose CETA. CETA could unfairly restrict how local governments spend money by banning ‘buy local’ policies, and create pressure to lock-in privatisation of services.
We also have immediate concerns about how CETA will be ratified – and fear CETA could pass into force without being examined by MPs.
Member states have until 12 September to make amendments to the text – after which point it is essentially set in stone. However, this will only be the beginning of the ratification process, which could take up to 2 years to complete.
Based on the leaked text we have seen, we oppose CETA. CETA could unfairly restrict how local governments spend money by banning ‘buy local’ policies, and create pressure to lock-in privatisation of services.
We also have immediate concerns about how CETA will be ratified – and fear CETA could pass into force without being examined by MPs.
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