The EU-US Transatlantic Trade and Investment Partnership (TTIP) free-trade deal can only be signed, if the European Union and Canada seal their Comprehensive Economic and Trade Agreement (CETA), a source in the EU Parliament told RIA Novosti Monday.
The European Council failed to approve CETA due to Wallonia, a region in Belgium, not giving the country its approval to sign the agreement. The Walloon government voted against the trade deal for fear it would water down EU labor, consumer and environmental protections, and give too much power to multinationals.
Read moreL Signing EU-US TTIP Free Trade Deal Impossible Without EU-Canada CETA
The European Council failed to approve CETA due to Wallonia, a region in Belgium, not giving the country its approval to sign the agreement. The Walloon government voted against the trade deal for fear it would water down EU labor, consumer and environmental protections, and give too much power to multinationals.
Read moreL Signing EU-US TTIP Free Trade Deal Impossible Without EU-Canada CETA
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