Reading Time: 2 minutes Brussels | Reuters — The parliament of Belgium’s French-speaking region of Wallonia voted in favour of a planned EU-Canada trade agreement on Friday, ending its opposition that threatened to destroy the entire deal. Lawmakers of Wallonia, which led Belgian opposition to the Comprehensive Economic and Trade Agreement (CETA), 58 voted for and five against, after […] Read more
Belgium’s Walloon parliament backs EU-Canada trade deal
EU probe to hold up ChemChina’s acquisition of Syngenta
Reading Time: < 1 minute Brussels | Reuters — European Union antitrust regulators on Friday opened an in-depth investigation into state-owned Chinese chemicals group ChemChina’s US$43 billion bid for Swiss pesticides and seeds group Syngenta, China’s biggest-ever foreign acquisition. Syngenta’s shares plunged over nine per cent on Monday after the European Commission said the companies had not allayed its concerns […] Read more
Belgium breaks deadlock over EU-Canada trade pact
Reading Time: 2 minutes Brussels | Reuters — Belgium agreed a deal with its regional parliaments on Thursday to approve a landmark EU-Canada free trade agreement, breaking a deadlock that has blocked the pact for weeks. Prime Minister Charles Michel said the heads of the regions had drawn up an addendum to the agreement that answered their concerns over […] Read more
Belgians struggle to agree on text to save CETA
Reading Time: 2 minutes Brussels | Reuters –– Belgian politicians failed to break their deadlock over a planned EU-Canada free trade agreement on Wednesday, but agreed to resume talks on Thursday in a sign they may be nearing a consensus that would keep the deal alive. The Comprehensive Economic and Trade Agreement (CETA), seven years in the making, is backed […] Read more
Court may help EU sidestep lone-wolf resistance to trade deals
Reading Time: 3 minutes Brussels | Reuters — A court ruling early next year may help the European Union out of the kind of embarrassing situation it has just landed in, where a regional assembly in Belgium is blocking a major trade agreement between Canada and the 28 sovereign states of the EU. Belgian negotiators failed on Tuesday to […] Read more
Syngenta slumps after EU watchdog sparks ChemChina deal doubts
Reading Time: 2 minutes Brussels/Zurich | Reuters — Syngenta shares fell more than nine per cent on Monday after the European Commission triggered doubts about Chinese state-owned chemical company ChemChina’s US$43 billion bid for the Swiss pesticides and seeds group. The companies met with the EU antitrust authority a week ago in a bid to allay competition concerns about […] Read more
Belgian internal feud blocks EU-Canada trade deal
Reading Time: 3 minutes Brussels | Reuters — The European Union’s hopes of signing a landmark free trade deal with Canada this week appeared to evaporate on Monday as the Belgian federal government failed to win the consent of French-speaking regional authorities. European Council President Donald Tusk had given Belgian Prime Minister Charles Michel until Monday, three days before […] Read more
Canada says up to EU to save free trade deal
Reading Time: 3 minutes Brussels | Reuters — Canada said on Saturday it was up to the European Union to save a free trade deal that could boost both economies but that cannot be signed as planned next week due to opposition from Belgium’s French-speaking region. The Walloon government was awaiting new proposals from the European Commission, according to […] Read more
Canada walks out of trade talks with ‘incapable’ EU
Reading Time: 3 minutes Brussels | Reuters — Canada’s trade minister walked out of talks in Belgium on Friday, declaring that the European Union was incapable of sealing a planned transatlantic free trade deal designed to boost growth in both economies. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Belgian region sticks to firm ‘Non’ on CETA
Reading Time: 2 minutes Brussels | Reuters — The Belgian region of Wallonia rejected new amendments to a planned EU-Canada free trade agreement on Thursday, reaffirming its opposition and so threatening the entire deal, a flagship of European Union trade policy. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
A message from April Stewart, Country Guide's Associate Editor
