The head of the Belgian Walloon region does not accept the ultimatum of the European Union on SET

BRUSSELS, October 23 RIA Novosti, Alexander Shishlo. The head of the government of the Belgian Walloon Magnet Paul said Sunday that he does not accept any ultimatum regarding the signing of the comprehensive economic and trade agreement between the EU and Canada (Comprehensive Economic and Trade Agreement, CETA).

As previously reported, the European Union gave the authorities of Wallonia time until Monday evening to make a decision on CETA. If after the specified period, the authorities of the French-speaking region of Belgium does not approve the signing of CETA, scheduled for 27 October in Brussels EU summit-Canada, where it is scheduled, will be cancelled.

“The establishment of a possible ultimatum incompatible with the implementation of this democratic law (discussion of documents of the Executive and legislative authorities ed.)”, quotes Agency Belga words Magneta.

According to local media, he is exposed to severe pressure from EU officials, requiring it to approve the agreement. The European Commission on Sunday presented to the authorities of Wallonia another compromise proposal to ensure the signing of CETA.

On the eve Magnet said at a meeting with European Parliament President Martin Schulz that is not yet ready to make a decision on CETA.

On Friday it was reported that Minister of foreign trade of Canada Christ Freeland also failed to convince Manyata to sign the contract, and now, in her words, “the ball is completely on the side of the Europeans.”

CETA is an analogue of the Transatlantic partnership agreement in the field of trade and investment (TTIP), negotiations on the conclusion of which the EU is conducting with the United States and against the conclusions of which are the individual representatives of the European community, as well as small and medium-sized businesses. According to them, these types of agreements are beneficial only to multinational companies.

The EU and Canada reached a political agreement on the signing of CETA in 2013. The European Commission estimates, the agreement between the EU and Canada will eliminate about 99% of all customs duties. It also provides for an increase in quotas for the supply of dairy products from EU countries to Canada and canadian meat to the EU. According to experts, the agreement of the EU-Canada will increase the volume of bilateral trade by 25.7 billion euros.