European Parliament Committee Backs EU-Canada Trade Deal

Image Courtesy: CSL Ships

The EU-Canada free trade agreement (CETA), considered by many observers as the most advanced and comprehensive free trade agreement in recent history, has received the supprt of the European Parliament’s Environment Committee.

“Today’s vote on the EU-Canada Free Trade Agreement (CETA) in the Environment Committee has a showed that the pro-trade coalition in the European Parliament is on a solid footing,” the Danish Shipowners’ Association said.

While the Rapporteur Bart Staes (Greens EFA, Belgium) has opposed any support for CETA, a wide coalition of the four party groups – EPP, ECR, ALDE and S&D has maintained that CETA is “the most modern and progressive trade agreement the EU has ever negotiated and voted to support to agreement.”

“Discussions in the European Parliament have been very intense, especially on the environmental chapter where the criticism has been largely unfounded. In our opinion, CETA will not only secure that we uphold high European standards, but also show continued commitment to a constructive and mutually beneficiating trade policy between two large trading partners,” Simon C. Bergulf, Director EU Affairs for the Danish Shipowners’ Association, said.

“Specifically, the Danish Shipowners are pleased with the ambitious maritime chapter included in the agreement. This will open new opportunities for Danish export companies in Canada,” Bergulf added.

The agreement will now have to be adopted in the International Trade committee (INTA) on the January 24. A final vote at the plenary is expected in February.

If endorsed, CETA can be provisionally applied, with some of the contentious elements, including the investment court system, to enter into force only once all Member States finish their ratification process.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2017 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

DSM17

Donsö Shipping Meet 2017 is an all inclusive exhibition. Meals, electricity, meeting schedule and banquette dinner is included…

read more >

TOC Europe

TOC (The Terminal Operations Conference) has long been considered best in class by container terminal operators and their suppliers…

read more >

Marine Philippines 2017

The 4th edition of PHILIPPINES MARINE 2017, SHIPBUILD PHILIPPINES 2017 and OFFSHORE PHILIPPINES 2017 is the only specialized Shipbuilding…

read more >

Bunkering Week 2017

IBC’s biennial Bunkering Week is back with its successful series of 3 co-located events: 8th Bunkering in Asia, 4th LNG Bunkering and EMTECH: Ship Emissions Technology Conference.

With a proven track record of bringing together top decision makers from various industry sectors, this remains the go to event for ship owners, fuel suppliers, traders and technology solution providers. Get in-depth and detailed market insights from experts who are taking the decisions, assess peer strategies and give shape to your own in this unrivalled gathering of shipping and marine fuel industry leaders.

Key Highlights for 2017:

* 3 Co-located Conferences

* 12+ Hours of Networking Time

* In-depth Review of Shipping Markets by Segment

* Ship Owner Positions on Emissions Compliance Scenarios

* Pricing Differentials and Availability across Different Fuels

* Technology and Analytics in Fuel Management and Emissions MRV

More info

read more >