- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

German Economy Minister Rules Out Breakdown in EU-Canada Trade Pact Talks

© Sputnik / Fabrizio BenschGerman Economy Minister Sigmar Gabriel leaves after a news conference in Berlin, Germany, January 12, 2016
German Economy Minister Sigmar Gabriel leaves after a news conference in Berlin, Germany, January 12, 2016 - Sputnik International
Subscribe
German Economy Minister did not expect the EU-Canada trade deal CETA to fail.

Anti CETA demonstrators - Sputnik International
EU Trade Commissioner Believes EU, Canada Will Sign CETA Trade Deal Next Week
MOSCOW (Sputnik) — German Economy Minister Sigmar Gabriel said Tuesday he did not expect that the EU-Canada trade deal CETA could fail, in a doorstep press comment.

"I don’t think this agreement can collapse, although Belgium and Romania, for instance, still have questions that could be answered today," Gabriel said ahead of an EU trade council meeting.

If EU trade minister break the impasse at today’s Council meeting in Luxembourg, the agreement could be signed at the EU-Canada summit on October 27.

EU’s Comprehensive Economic and Trade Agreement with Canada aims to tear down tariff barriers. It requires ratification by all EU member states.

Romania declared earlier it would veto the pact over fears it could hurt local farmers, while a regional parliament in Belgium’s Wallonia rejected the trade deal in last Saturday's vote on claims it could lead to massive layoffs.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала