February 3, 2013
THERE'S ROOM FOR ALL:
Toward a Canada-EU trade deal, sooner rather than later (The Globe and Mail, Jan. 22 2013)
Posted by Orrin Judd at February 3, 2013 8:35 AMCanada now has an additional reason for bringing its trade negotiations with the European Union to a successful conclusion, sooner rather than later. Efforts are under way to launch similar negotiations between the United States and the EU, which could overshadow the proposed Comprehensive Economic and Trade Agreement between Canada and Europe, if the CETA talks drag on. As Lawrence Herman of Cassels Brock LLP puts it, there is a "downside risk that the final deal with Canada is delayed and that the EU then turns its attention to negotiations with the Americans."David Cameron, the British Prime Minister, at the very start of his country's presidency of the G8 this year, wrote to the G8's other leaders, saying that, in trade, "the single biggest prize of all would be the beginning of negotiations on an EU-U.S. trade agreement."