16 May '17, 8am

Singapore trade deal cannot be concluded by EU alone, ECJ rules @EURACTIV

ClientEarth trade lawyer Laurens Ankersmit said: “The Court’s Opinion reaffirms the critical role of member states in the ratification process of vast trade agreements such as CETA. “The Opinion clears the path for Slovenia and Belgium to get the EU-Canada trade deal, CETA, legally checked by the ECJ. This is not just important for the rule of law in Europe, but might also put ratification of CETA in peril.” On Brexit , Laurens said: “The new generation of EU trade agreements are extensive and more complex than ever before, going way beyond just lowering tariffs. If the UK wants to sign a swift trade deal with the EU, it may have to get every one of the EU’s national governments to agree if the deal falls within their powers. This is no easy task.” German MEP Bernd Lange (S&D group) and chair of the European Parliament's Committee on International Trade said: "The ruling t...

Full article: https://www.euractiv.com/section/economy-jobs/news/singap...

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