Reacting to the signing of CETA at today’s EU-Canada summit, Greens/EFA trade spokesperson Yannick Jadot said:
“It is regrettable that the hope generated by the Walloon parliament has not materialised into something more substantial. However, it remains positive that the European Court of Justice will now have an opportunity to rule on whether CETA is compatible with European law, something that we have long insisted upon. It is clear that the arbitration courts for investors are not only undemocratic, they are also incompatible with European standards for a fair justice system. We need to end this special treatment for multinational companies, and legal scrutiny gives us an opportunity to make sure this happens.
“The European Parliament will have its own chance to vote on CETA soon. While the European Commission may be content to push ahead with a deal that prioritises the interests of a few multinationals, MEPs have to prove that they are willing to stand up for the common good, and vote against CETA in the parliament."