It’s been called “free trade-plus,” like a souped-up NAFTA pact, a deal to link Canada to a market with 27 countries, 500 million people and an economic output of more than $16 trillion. With the goal to get a deal by next year, negotiators for Canada and the European Union are now into their third round of talks on an agreement that goes far beyond trade to touch issues such as intellectual property right, labour mobility and procurement.
Even the name of the proposed pact—“Comprehensive Economic and Trade Agreement”—hints at its scope.
“Canada and the European Union are looking to something very, very ambitious, something that is broader and deeper than even the North American Free Trade Agreement,” federal Trade Minister Peter Van Loan said.
For more: Canada pursues sweeping trade pact with EU - thestar.com
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