The European Parliament in Strasbourg on Wednesday approved the Canada-EU trade agreement after a noisy and sometimes emotional debate.
Roughly 58 per cent of the members of the European Parliament (MEPs) voted to ratify the Comprehensive Economic and Trade Agreement (CETA), setting the stage for provisional application of nearly 90 per cent of the agreement later this spring.
“This is a deal for the people,” International Trade Minister François-Philippe Champagne said after the vote, emphasizing how the agreement will offer consumers more choice and lower costs.
“Trade is a good thing for the world,” he said.
“By adopting CETA, we chose openness, and growth and high standards over protectionism and stagnation,” said Artis Pabriks from the European People’s Party, calling Canada an “ally we can rely on.”
“Together we can build bridges, instead of a wall, for the prosperity of our citizens. CETA will be a lighthouse for future trade deals all over the world.”