Monday, September 1st15.5°C
22736
22746

Canada, EU miss chance to ink trade pact this week due to 'technical problems'

OTTAWA - Canada and the European Union missed a chance to ink the final text of their long-sought free trade agreement this week as a series of familiar irritants reared their heads.

A EU briefing note says one of the obstacles is a disagreement over protection for intellectual property rights in the pharmaceutical sector.

The two sides reached an agreement in principle in October after Harper jetted to Brussels for a high-profile signing ceremony with European Commission President Jose Manuel Barroso.

At the time, there was much anticipation that a planned meeting in Paris this past Wednesday between Trade Minister Ed Fast and EU Trade Commissioner Karel De Gucht would produce the final text.

However, de Gucht said "technical problems" in three or four areas prevented he and Fast from sealing the deal.

A senior Canadian official says even if a text is released, the deal is still a long way off because both sides would still need to consult with their member countries and provinces, and then consult lawyers.

The Canadian Press


Read more Business News

22819


Recent Trending




Today's Market
S&P TSX15625.73+67.561
S&P CDNX1023.991.62
DJIA17098.4518.88
Nasdaq4580.271+22.577
S&P 5002003.37+6.63
CDN Dollar0.9204+0.001
Gold1281.70-2.1001
Oil95.96+1.29
Lumber348.40+2.60
Natural Gas3.965+0.054

 
Okanagan Companies
Pacific Safety0.20+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.190.00
Cantex0.08+0.01
Anavex Life Sciences0.25+0.01
Metalex Ventures0.0750.00
Russel Metals36.48+0.09
Copper Mountain Mining2.93+0.02
Colorado Resources0.180.00
ReliaBrand Inc0.10+0.001
Sunrise Resources Ltd0.0250.00
Mission Ready Services0.245-0.005

 



20759

FEATURED Property
199901816911 Coral Beach Road
3 bedrooms 3 baths
$749,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


At the Core: Lessons in pricing from Apple

Apple has taught many entrepreneurs the importance of design, how to create buzz when introducing new products to the marketplace, how to pioneer new technology and the importance of superior quality....


New Real Estate Brokerage in town

Move over “big guys” there’s a new brokerage in town featuring local expertise, long standing experience and a fresh boutique approach. Kelowna, August 31 2014 – You may have...


How much mortgage should you carry?

There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...

_








Member of BC Press Council


22810