Priopćenje

EPP Group calls for speedy ratification of EU-Canada Comprehensive Economic and Trade Agreement (CETA)

Bruxelles
, 29.02.2016. - 16:13
CETA

The EPP Group has welcomed the successful finalisation of the modifications of the EU-Canada Trade Agreement (CETA) announced today by both sides' Chief Negotiators. The European Parliament Rapporteur on the Agreement, Artis Pabriks MEP, commended the announcement and has called for speedy ratification: "This is the last sprint of a six-year-long marathon of negotiations to put in place the biggest trade agreement ever sealed by the EU. With today's announcement, the European Commission has fulfilled the mandate previously given by the European Parliament. On top of that, it delivered the most modern and ambitious agreement on the Investment Chapter reached so far in EU trade negotiations. As Standing Rapporteur for CETA, I am ready to do everything necessary to start the ratification process from the European Parliament's side as soon as possible."

Today's announcement responds to public concerns to further strengthen the government's right to regulate, and it has been agreed that cases would be addressed in a new transparent and institutionalised dispute settlement tribunal. Equally, an agreement has been reached on the appeal mechanism. Furthermore, the EU and Canada have both shown their desire to improve the investor-state dispute settlement (ISDS) system in the future by working together on the new Commission proposal to establish a multilateral investment tribunal.

"Perfection is never simple which is why, on the basis of what has been agreed, we will work to achieve what we all want: opportunities, jobs and economic growth. The EPP Group supports the agreement and will work on its speedy ratification. We call on all political groups to act responsibly and to remember that this trade agreement provides the possibility to review it after ratification, if both sides deem it necessary to further improve some of its elements. So, let's turn it into reality and enjoy the benefits of the first comprehensive trade agreement with a like-minded partner", added EPP Group Spokesman in Parliament's International Trade Committee, Daniel Caspary MEP.

Pabriks stressed the importance of the CETA Agreement: "This is a modern, comprehensive and balanced trade agreement which is much needed for the EU's economy and European enterprises, particularly our SMEs. The sooner we ratify it, the sooner we will benefit from it. CETA is expected to increase the bilateral trade in goods and services by 22.9%. It is estimated that the EU-Canada trade deal will lead to GDP gains of up to €11.6 billion per year for the EU", he concluded.

Napomena urednicima

The European Commission now needs to finalise the translations on the Investement Chapter and then send the CETA Agreement to the Council for signature before the agreement can officially come to the European Parliament.

In August 2014, the European Union and Canada concluded negotiations on a modern and comprehensive trade agreement which should bolster economies on both sides of the Atlantic and provide our societies with better prospects for economic growth, sustainable development and well-being.

 

Klub zastupnika EPP-a je najbrojnija politička skupina u Europskom parlamentu s 216 zastupnika iz 27 država članica

Kontakti zastupnika

-
Artis PABRIKS
BRU - Phone: +32 (0)2 2845810 Fax: +32 (0)2 2849810
Adresa e-pošte: artis.pabriks@europarl.europa.eu
-
Daniel CASPARY
BRU - Phone: +32 (0)2 2845978 Fax: +32 (0)2 2849978
Adresa e-pošte: daniel.caspary@europarl.europa.eu

Kontakti za tisak

Delia Vlase
Bivši uposlenik
Responsible for Communications Strategy

Najnovije

Give young farmers a better chance to fight desertification
19.10.2017. - 17:00

Give young farmers a better chance to fight desertification

With a dramatically ageing farming population, Europe needs to provide more help for young farmers to become the future of agriculture. At the...
Young agricultural worker posing in a cowshed
19.10.2017. - 16:36

EPP Group supports young farmers

The 4th edition of the European Congress of Young Farmers took place at the European Parliament in Brussels on October 18 and 19, in the context of a...
Security concept
19.10.2017. - 11:09

ePrivacy and digital innovation must be in balance

ePrivacy is crucial in the digital era we live in. Any regulation in this area needs to be pro-innovation and future-proof. The compromise package on...
International Travel
19.10.2017. - 9:07

ETIAS: closing the information gap on arrivals in the EU

The European Travel Information and Authorisation System (ETIAS), which assesses possible security risks of visa-free travellers to the EU, was...

Tjedni naglasci

23.10.2017. - 27.10.2017.
State of the Union debate

Brexit on the agenda for EU leaders

On Wednesday, MEPs will debate the results of the European Council of 19-20 October which focused on migration, defence, foreign affairs and...
Justice for Daphne Caruana Galizia

Shadows over media freedom in Malta

Following the assassination of investigative journalist Daphne Caruana Galizia and upon the request of the EPP Group, MEPs will debate the protection...
Protests in Venezuela

Decision on the 2017 Sakharov Prize finalist

On Thursday, the Conference of Presidents will elect the winner of this year's Sakharov Prize for Freedom of Thought. The EPP Group (together...
Sirpa Pietikäinen MEP