20.04.2016 - 18:41 [ Techdirt ]

EU-Canada Trade Deal Still Struggling, As Romania And Belgium Say They Won‘t/Can‘t Ratify Treaty

Alongside the better-known trade deals that aren‘t really trade deals, TPP and TAFTA/TTIP, the smaller one between the European Union and Canada, CETA, is still trapped in a strange kind of political limbo. It was „celebrated“ way back in October 2014, and has been officially in the „legal scrubbing“ phase where the text is tidied up and translated into all the relevant languages (lots of them for the EU). Cleverly, the EU has used this period to sneak in the „lipstick on a pig“ version of corporate sovereignty in an attempt to head off revolts among EU nations worried about growing public resistance to the idea. But just when the European Commission thought it had everything nicely sewn up, this happens: