52271
Belgian Region Says Not Opposed to CETA
World Economy

Belgian Region Says Not Opposed to CETA

Wallonia premier Paul Magnette said the Belgian region was not opposed to a planned EU-Canada free trade deal in itself but that an arbitration scheme needed to be dropped and public services protected. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA) but Belgium cannot give assent without backing from five sub-federal administrations. French-speaking Wallonia has steadfastly opposed it, Reuters reported.  “Let’s be clear, I’m not a herald of anti-globalization, I want a deal,” Magnette told French daily Liberation in an interview published on Tuesday.But he said a court system specifically created to resolve disputes between investors and governments could be exploited by big business to dictate public policy. “I would prefer that this entity disappears pure and simple and that we rely on our courts,” he said. “Or at the very least, if we want an arbitration court, it must provide equivalent guarantees to domestic ones.”

 

Short URL : https://goo.gl/h25jpA
  1. https://goo.gl/4TWgpf
  • https://goo.gl/cVSVqU
  • https://goo.gl/7SP3JI
  • https://goo.gl/WrwWE5
  • https://goo.gl/CyzJf9

You can also read ...

Venezuela Devalues Currency by 95 Percent
Venezuela devalued its currency by about 95% ahead of the Aug...
The average annual salary for K–12 public-school teachers is roughly $58,000, and they typically spend a sizable chunk  of that on classroom supplies integral to their jobs
Airbnb, the popular platform that lets people rent out their...
S&P, Moody’s Lower Turkey Ratings
Two major global ratings agencies lowered Turkey’s ratings Aug...
Nigeria CB Reports $91b FX Inflow in 2017
The Central Bank of Nigeria, said the aggregate foreign...
Russia’s largest electronics chain, M. Video, estimates that about a fifth of its products are bought with credit  or on installment plans as people are more confident about the future.
Russian consumers are borrowing like the boom times are back...
Argentina Says Poverty to Rise as Economy Slumps
More Argentines are likely living in poverty now compared with...
Egypt Keeps Rates Steady
Egypt’s central bank left its main interest rates unchanged,...
China Internet Stocks Fumble
A steep downturn in heavyweight Chinese internet stocks and...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus