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ARTICLE · 21 NOVEMBER 2016

Wallonia Creates Uncertainty On CETA Ratification Timeline

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We have previously blogged here on CETA, the trade agreement which is Canada's largest trade initiative since NAFTA and, if implemented, would provide Canadian exporters preferential access to the sizable EU market.

CanadaInternational Law
Andrew Hentz
Andrew Hentz
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We have previously blogged here on the Comprehensive Economic and Trade Agreement ("CETA"), the trade agreement which is Canada's largest trade initiative since NAFTA and, if implemented, would provide Canadian exporters preferential access to the sizable EU market.

Following the recent "Brexit" referendum, in which the United Kingdom voted to withdraw from the EU, there was concern as to whether CETA would proceed or whether a new agreement would have to be negotiated independently with the United Kingdom.

However, the legal review of the CETA text proceeded amongst the member states and it was anticipated that ratification would be announced on Thursday, October 27, 2016 during a signing ceremony in Brussels. However, Wallonia, the pre-dominantly French speaking region of Belgium, has created additional uncertainty as to when, and if, CETA will be ratified.

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