Reports The European Commission's Summary of the Final Negotiating Results


The European Commission's Summary of the Final Negotiating Results

The negotiators of the Commission and of Canada finalised their work in early August 2014. The Member States and the European Parliament received the complete text on 5th August (m.d. 259/14). President Barroso, President Van Rompuy and Prime Minister Harper announced the end of the CETA negotiations at the EU-Canada Summit on 26 September 2014. The text of the agreement was made public the same day.

On 29 February 2016, the European Commission and Canada announced the end of the legal
review of the original (English) version of this text. This legally reviewed text was made public the same day on the website of DG Trade. It will subsequently be translated into the other official languages of the EU and Canada before being submitted to the Council and the European Parliament for approval.

The objective of CETA is to increase bilateral trade and investment flows and contribute to growth in times of economic uncertainty. This is in line with the Europe 2020 strategy to boost growth through external competitiveness and the participation in open and fair markets worldwide. To this end, the EU and Canada achieved the ambitious agreement they wanted, opening up new trade and investment opportunities for economic actors on both sides of the Atlantic. Both sides have also underlined the importance that economic activity takes place within a framework of clear and transparent regulation by public authorities, and that they consider the right to regulate in the public interest within their territories as a basic underlying principle of the Agreement. The EU and Canada are resolved to preserve their ability to achieve legitimate policy objectives, such as public health, safety, environment, public morals
and the promotion and protection of cultural diversity.