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NEWS: Canada, EU agree to continue CETA talks

Bloomberg reports that, “Canada and the European Union have agreed to continue negotiations on a free trade agreement, the top trade officials from the two regions said today.”

“Trade Minister Peter Van Loan, who met today with EU Trade Commissioner Karel De Gucht in Ottawa, told reporters the negotiations have been proceeding ahead of expectations.”

“Officials from Canada and the European Union will begin a sixth round of negotiations next month on a trade agreement that will include government procurement and investment and regulatory standardization, which would make it deeper than the North American Free Trade Agreement. The two sides plan to complete negotiations next year.”

“De Gucht cited the EU’s interest in opening up government procurement markets, while Van Loan said ‘geographical indications’ for food items is also being discussed.”

The full article is at http://www.businessweek.com/news/2010-12-15/canada-eu-agree-to-continue-talks-on-free-trade-pact.html.