Trudeau Says EU Must Spread Trade`s Benefits or Risk Its Decline

by Dramelin 4:30 AM 0 comments

?Part of the Brexit package is going to be some sort of strategy as to how Britain can preserve the benefits it has obtained through the EU free trade agreements,? Catrain said. Trudeau addressed the European Parliament in Strasbourg, France, on Thursday after both it and Canada?s House of Commons approved the trade agreement, known as CETA, this week. While mounting a vigorous defense of the push to liberalize global trade, Trudeau insisted that policy makers have to do more at home to make sure their voters see the benefits of such deals. The Comprehensive Economic and Trade Agreement had once been set to pave the way for an EU-U.S. deal but now looks like a rare multilateral success story in a protectionist era. Foreign trade has emerged as a top policy priority for both the Trudeau government and the EU, which held up CETA?s approval vote Wednesday as a sign the bloc still supports free trade.