Over 1 million pilgrims benefit from golf cart service at Grand Mosque during Ramadan    Visitors welcomed with Eid initiative at Thee Ain Heritage Village in Al-Baha    Tebuk emir reviews rain response in Tayma    Saudi Arabia considers rent cap as part of major real estate reforms    Messi's bodyguard banned from touchline at Inter Miami games    Screen time in bed linked to insomnia, study finds    Le Pen vows to appeal political ban, calls verdict a 'denial of democracy'    Death toll from Myanmar earthquake rises to 2,719 as rescue efforts continue    Russia, Ukraine trade blame over new energy strikes    Putin orders Russia's largest military call-up in over a decade    Albania hosts MWL chief for Eid sermon at largest mosque in the Balkans    Haramain High-Speed Railway transports over 1.2 million passengers during Ramadan    Saudi Transport Authority says passengers can ride for free if taxi meters are off    Ministry of Education forms 425 community partnerships with SR653 million impact    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Saudi creatives shine at Jeddah's Fawanees Nights with art, fashion, and storytelling    T1 CEO confirms Gumayusi's return for LCK Spring after lineup shakeup    100 Thieves claim Marvel Rivals Invitational NA crown as 2025 scene heats up    Bollywood actress vindicated over boyfriend's death after media hounding    Saudi Arabia hold Japan to goalless draw in Saitama to stay in World Cup hunt    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EU-Canada trade deal on home stretch after Belgium resolves impasse
Published in Saudi Press Agency on 27 - 10 - 2016

The European Union and Canada closed in Thursday on a landmark free trade deal after Belgium cleared internal political opposition, just hours after a planned summit to sign the agreement had to be cancelled, according to dpa.
For days, Belgium's francophone region of Wallonia had blocked the Comprehensive Economic and Trade Agreement (CETA), which aims to lift trade barriers and ease the flow of goods between Canada and the EU.
It cannot be signed unless all 28 EU member states are on board.
"Belgian agreement on CETA," Prime Minister Charles Michel wrote on Twitter. "Finally white smoke," added EU Trade Commissioner Cecilia Malmstrom.
Belgium's regional parliaments now have until midnight (2200 GMT) on Friday to give their go-ahead for Belgium to approve CETA, Michel said. The rest of the EU is already on board.
The Walloon parliament is expected to vote at around 4 pm Friday, the Belga news agency reported. The region of Brussels and the country's French-language community had also opposed the deal.
In parallel, EU member states are expected to give their formal approval to CETA and all accompanying texts by midnight on Friday, after their ambassadors accepted the Belgian compromise, EU sources said on condition of anonymity.
The hope is that, "after all procedures are concluded, we will be able to say that the EU is ready to sign the CETA agreement," one source said. Canadian officials must also vet the Belgian addendum before CETA can be signed.
European Council President Donald Tusk welcomed Thursday's "good news," but said he would wait until all hurdles are removed before contacting Canadian Prime Minister Justin Trudeau.
"Only once all procedures are finalized for [the] EU signing CETA, will I contact PM Justin Trudeau," Tusk wrote on Twitter.
CETA was supposed to be inked at an EU-Canada summit in Brussels on Thursday. With no breakthrough in sight, the Canadian delegation led by Trudeau had cancelled their trip late Wednesday.
Canadian officials said the resolution of Belgium's deadlock was a "positive step," but warned that "there is still work do" before the on-again-off-again agreement is signed.
"Canada has done its job. Canada ؟remains ready to sign this important agreement when Europe is ready,"؟؟؟ said Alex Lawrence, the spokesman for Canadian Trade Minister Chrystia Freeland.
Walloon leader Paul Magnette told Belga he was "very, very happy" with Thursday's outcome.
"If we took a little bit of time, it is because I think that what we have achieved here is important not only for the Walloons but also for all Europeans," Magnette had said earlier.
Many suspect, however, that political rivalries between Wallonia's Socialist leaders and the federal centre-right coalition are also at play.
When asked in an interview with German broadcaster ARD late Wednesday whether the EU was to blame for the summit's postponement, European Commission President Jean-Claude Juncker said, "The difficulties that we had are interior Belgian difficulties that had to be set aside." The compromise text, posted online by the RTBF broadcaster and retweeted by Belgian Foreign Minister Didier Reynders, addresses concerns that CETA could weaken social and environmental standards, threaten farmers' livelihoods and give undue powers to corporations.
It notably also includes a demand for the European Court of Justice, the EU's top tribunal, to check if a proposed arbitration court for disputes between companies and governments is in line with the bloc's rules.
CETA is seen as a blueprint for a bigger - and more controversial - deal being negotiated with the United States. Proponents argue that trade agreements boost the economy and create jobs.


Clic here to read the story from its source.