Canada faces another trade test in EU after Ital says it won’t ratify CETA
by Andy Blatchford (feat. Brian Kingston)
The Canadian Press
June 14, 2018
Italy’s agriculture minister said his country’s new government won’t ratify the Canada-European Union free trade accord, media reports said Thursday. Gian Marco Centinaio, whose government is led by a populist coalition, also insisted he’s heard doubts about the 28-country deal from many of his European colleagues.
The development adds to Canada’s collection of trade challenges, which already include deep uncertainty surrounding the future of the North American Free Trade Agreement, hefty steel and aluminum tariffs imposed recently by the United States and the threat of more to come on automobiles.
Foreign Affairs Minister Chrystia Freeland, in Washington on Thursday to try to jump start stalled NAFTA negotiations, told reporters she believes Italy will eventually sign on to the Comprehensive Economic Trade Agreement, or CETA.